Why did Uber have multiple layoffs?

Tesla
ashcid

Go to company page Tesla

ashcid
Oct 14, 2019 20 Comments

Having been through almost one lay-off every year at Tesla i can say without a doubt that having a single large lay-off is better for the company morale than multiple small ones. Now don’t get me wrong both are screwed up but one is definitely better than the other.

My question to Uber folks is why did the leadership decide to have multiple instead of one large one. It could have all ended with one down period rather than multiple and also the company would have been able to protect its image to some extent.

Are Dara and the leadership team that clueless? You gotta rip the band-aid off all at once.

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TOP 20 Comments
  • Uber
    google

    Go to company page Uber

    google
    California law WARN - if you lay-off more than 500 in a single month it gives certain protections to employees including 60 day notice period... so Uber laid off 400 three different months.

    This is Walmart level scum bag but here we are.
    Oct 14, 2019 7
  • New
    MuskyELON

    New

    MuskyELON
    Stock price
    Oct 14, 2019 8
    • New
      MuskyELON

      New

      MuskyELON
      Yes, 1 data point doesn't prove anything. Hence the article.
      Oct 14, 2019
    • Airbnb
      IPo-poo

      Go to company page Airbnb

      IPo-poo
      Not meant for a short term bump. This will make financials look less bad next quarter and is meant to keep big investors happy. I’m not saying it will work or that I agree but that’s the play.
      Oct 15, 2019
  • Washington Gas / Finance
    OpCN54

    Washington Gas Finance

    OpCN54
    At business school we were told layoffs are evidence of management failure.
    Oct 15, 2019 1
  • Losing money at every transaction. And market punishes that behavior.
    Oct 17, 2019 0