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Uber cuts 3000 more jobs, closes 45 offices

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Re: Uber cuts 3000 more jobs, closes 45 offices

#541

Earlier quoted context omitted.

grubhub was profitable for years

Charging for referrals was profitable; they didn't deliver until 2014.

Delivery at a loss or break-even to drive profitable orders is also a fine strategy, and worked for quite some time

Re: Uber cuts 3000 more jobs, closes 45 offices

#543

How exactly is their stock price not reflecting this at all? Is the market really that irrational right now?

My understanding is: they announced they would do layoffs 1-2 weeks ago, so it's priced in. And usually your stock goes up when you announce and do layoffs because your costs are lower

Re: Uber cuts 3000 more jobs, closes 45 offices

#545

Earlier quoted context omitted.

Am at a Unicorn. Engineering is 20-30 engineers total. This person is definitely confusing Unicorn with some generic big engineering heavy company. Many companies scale very differently. Some scale with large engineering efforts - mine doesn't. The change in number of engineers has barely moved in the last 2 years. That said - to the question about unicorns: You're always expendable. Same as any job - same politics -…

> "critical business function" gets shoved into the backlog to never be seen again. Never worked for a unicorn, but everything from big corp to startup to government. "Urgent" provokes no reaction from me anymore because of this.

When I was working at Stanford, a new colleague came rushing out of a meeting ready to start a big new initiative because our VP said something should get done. I had to explain that patience was important because no single person at the University could make a project happen, but hundreds of people at all levels of the org chart could stop a major initiative in it’s tracks if they felt threatened.

Re: Uber cuts 3000 more jobs, closes 45 offices

#546

Developers at unicorns: even in the best of times, do you feel more expendable than you've felt at other jobs? We always are amazed at the number of developers at companies like this. (the numbers I've seen are old, but I guess out of 22,000 employees, it was something like 5000 engineers?) While that allows you to build in a more robust way than a smaller company, it seems like there's no shortage of developers work…

I think for large companies this is true and by design. Companies don’t like single points of failure so by design should be able to afford to loose x% if engineers (or marketing etc).

Of course any large company with staff in the thousands or tens of thousands will have bloat. But I’d guess a lot of the engineering headcount that is not in “core stuff” are adding value. There is a lot of value to be added by making relatively minor tweaks when your revenue and costs are in the billions. Reducing a few percent server load or getting a few basis points of additional revenue / members etc can be worth multiple teams of engineers.

The company will survive if those teams are gone, but it’ll probably hurt long term growth trajectories to some extent.

Re: Uber cuts 3000 more jobs, closes 45 offices

#547

Earlier quoted context omitted.

>> You have man-years worth of work going nowhere as projects get scrapped mid-development. That's better than seeing man-years go into features that get deployed. I witnessed one successful control system company spin up a team of new hotshot UI engineers, all right out of the best schools. After months of work the team "updated" the product. Withing hours the call center was hit with hundreds of "You changed the g-…

Or do A/B testing and incremental rollouts?

A/B tested products are terrible. Please don’t do that to an actual product people pay money for.

“On this page, 12% more users clicked save if the save button was green instead of blue”

Re: Uber cuts 3000 more jobs, closes 45 offices

#548
The big worry for many cities is they've eviscerated their docked bike-rental program. Those are municipal infrastructure... If Uber is abandoning this product, there are a lot of cities that are going to have an orphaned bikeshare service with hard infrastructure installed all over town.

Re: Uber cuts 3000 more jobs, closes 45 offices

#549
post #405

Earlier quoted context omitted.

An architect that doesn't leave documentation and share knowledge might also be thinking about protecting his own job. Being irreplaceable is good job security.

I’ve always wondered, does this actually happen? People not getting fired because they are irreplaceable partly because of their own failure to document stuff?

Nobody except newcomers to the codebase look at documents on code structure, and of course no one is fired for not producing it/producing a crappy version of it.

When the newcomer can't get anything out of that doc, if it exist, he/she just need to ask the creator, who will explain very nicely how everything is done, and that newcomer become a code guru in that codebase, and the cycle continues.

Until you layoff 50% of the team and now suddenly nobody knows how 50% of the stuff work.

Re: Uber cuts 3000 more jobs, closes 45 offices

#550
post #281

Earlier quoted context omitted.

I live in downtown Orlando. Lime, Lynx, and Bird have littered downtown with scooters. I run almost every day and they are often left directly in the middle of the sidewalk, either upright or fallen over. A couple months ago I began relocating any rental equipment I find in my way on the sidewalk. I am not at all gentle about this and I'm sure I have damaged some of the equipment. I like the idea that people might us…

I get the anger about sidewalks getting littered with scooters, but damaging or destroying them is just creating more hazardous e-waste to be disposed of.

There needs to be a more sustainable model for scooter rentals than "when the scooter breaks, we just throw it out and replace it with another $20 white label scooter from China"

The reason they're treated like trash, by both the company that put them there and by pedestrians, is because that is what they are.

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