
Moët Hennessy to cut 10% of workforce as luxury slowdown bites
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Moët Hennessy will shrink its workforce by more than 10 per cent as the newly installed executives at LVMH’s weakest division seek to reinvigorate its performance. Jean-Jacques Guiony, Moët Hennessy chief executive, and his deputy…