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Employee loyalty tested, private jet travelers, Kering, LVMH and Tiffany

LVMH has repurposed its Guerlain perfume labs to make hand sanitizers for French hospitals and medical facilities fighting to stave off the spread of the COVID-19 coronavirus. Image credit: LVMH LVMH has repurposed its Guerlain perfume labs to make hand sanitizers for French hospitals and medical facilities fighting to stave off the spread of the COVID-19 coronavirus. Image credit: LVMH

 

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Employee loyalty, already strained pre-virus, now under severe test with furloughs and layoffs
Luxury companies were quick out of the gate to signal that they would support employees for two weeks with pay and healthcare. That period for many employees ends next week.