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Uber president Jeff Jones is quitting

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Re: Uber president Jeff Jones is quitting

#181

Post by jedberg »

dharmon wrote: post #34
jimmywanger wrote: post #25

Earlier quoted context omitted.

> With that in mind, does it become harder to attract great executives A good analogy would be attracting candidates for coaching positions in sports. If you're a team in a bad situation, you'll have to settle for candidates that don't have the experience usually required for the position, or people who've done it before who haven't had huge success. Also most great execs are already in a great position - why would t…

There's an important difference: compensation. If a losing team wants a winning coach, they will either have to settle for someone inexperienced, or pay up to get someone experienced in turnaround situations. Same with companies, except with turnarounds the most substantial part of compensation is the company's stock. If the turnaround is successful, the executive will get wildly rich as the stock appreciates (and ri…

> but only to maintain the current imaginary valuation. Where's the upside?

If you were offered the job of President of Uber, say at the same salary you make now, would you take it?

I'm sure a lot of people would say yes.

Success or fail, you would now have "President of a multi-billion dollar company" on your resume.

Re: Uber president Jeff Jones is quitting

#182

Post by draw_down »

tyingq wrote: post #10
CydeWeys wrote: post #8

Uber doesn't have a prayer of rehabilitation until Kalanick himself goes. The rot goes straight up to him. Jeff Jones was a much more recent acquisition who came from staid corporate America (Target) -- I don't think he was the problem.

The short tenure, job description, and his history makes this bit believable: "Jones determined that the situation at the company was more problematic than he realized."

I love when sentences like that tell you everything you need to know without actually saying anything.

Re: Uber president Jeff Jones is quitting

#183

Post by stale2002 »

ivraatiems wrote: post #52
Anderkent wrote: post #39

Earlier quoted context omitted.

Many items on that list aren't actually bad things, they're just described using language with negative connotations. For example >Uber breaks laws all around the world to enrich itself, including allegedly trying to deceive government officials across the world.[4] Detecting malicious users and protecting drivers by shadowbanning malicious users is neither illegal nor wrong. Uber has no legal nor moral obligation to…

> Stupid jurisdiction should not be complied with above direct legal necessity. Uber is breaking the law in these jurisdictions. That's what the court orders are for. Are you suggesting that it's okay to adopt a policy of "we'll break the law until we get caught" on the basis of not liking the law?

The laws are corrupt. Best way to get rid of corrupt laws is to break them.

Re: Uber president Jeff Jones is quitting

#184

Post by M_Grey »

jimmywanger wrote: post #172
M_Grey wrote: post #134

Earlier quoted context omitted.

You still haven't explained why it's dangerous to make this prediction, you've just disagreed with it.

> You still haven't explained why it's dangerous to make this prediction, In literally the second sentence of his response: "We've seen worse companies last longer." Now, Uber's current combination of all its troubles does not paint a pretty picture, but a resignation of a top exec and a PR nightmare simultaneously aren't really things that would definitively sink a multi-billion dollar company.

>In literally the second sentence of his response: "We've seen worse companies last longer."

...And the danger is...?

Re: Uber president Jeff Jones is quitting

#187

Post by xyzzy_plugh »

tyingq wrote: post #164
drivingmenuts wrote: post #160

Earlier quoted context omitted.

So she could bury the details of getting hacked? Again? Seriously, if she is ever allowed to hold a paying job again, something is wrong with corporate culture.

Interesting...The FBI seems to be praising her for her actions in that space. "Mayer exhibited 'great leadership and courage while under intense pressure from many entities,' FBI San Francisco Division Special Agent in Charge Jack Bennett said on Wednesday"

And we're supposed to take the FBI's praise at face value? Give me a break.

Re: Uber president Jeff Jones is quitting

#188

Post by notyourwork »

Kinnard wrote: post #59
hyperbovine wrote: post #5

Earlier quoted context omitted.

I appreciate somebody extracting the money quote. I don't even remotely have time to read everything posted here.

The loss of context can be dangerous and misleading.

I am glad someone understands my concern with pasting a single quote from an article without context. Here it may be valuable, other articles perhaps not.

Re: Uber president Jeff Jones is quitting

#189

Post by notyourwork »

thedarkginger wrote: post #99
notyourwork wrote: post #55

Earlier quoted context omitted.

So we might as well paste the articles in the comments section?

Thought it was useful to give the reason he was quitting, as indicated by the text. Guess it didn't help here. ¯\_(ツ)_/¯

A regurgitation of what I read in the article is supposed to be helpful? It appears from reading the rest of the comments more than I come to discuss not just re-read what we already read in an article.

I guess if we throw a cute face in its supposed to be innocently acceptable too right? ¯\_(ツ)_/¯

Re: Uber president Jeff Jones is quitting

#190

Post by sebleon »

fredophile wrote: post #141
throwawaysbdi wrote: post #85

Earlier quoted context omitted.

Why replace him? He's publicly unpopular but the company is worth more than ever, and the investors care most about money. Why get rid of him when they're plenty of ways to spin the narrative. Like making unrelated but scandalous sounding press releases, and finding an occasional fall guy

Because when you have an unpopular leader making decisions that are unpopular with customers you lose those customers. I no longer use Uber and don't see myself using them again until he leaves. More recently I've been considering closing my Amex card now that they've partnered with Uber.

I'm curious about what fraction of the #deleteUber participants reinstall the app within a week... I'm guessing around 60%?
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