Uber's Silicon Valley Employees May Be Looking to Jump Ship (fortune.com)
Some San Francisco-based recruiters and executives at Uber's rival companies told the Financial Times in a Monday article that the number of Uber employees looking to leave the ride-sharing company has spiked. From a report: "One of the main reasons is lack of faith in senior leadership," one unnamed recruiter that previously worked with Uber told the FT. The news comes as the company weathers waves of criticism regarding its leadership, political stance, and internal culture. An Uber spokesperson told the FT that its current level of departures has been normal.
You don't leave a 6 figure job because of "lack of confidence in management." You just don't. You milk that puppy until it's dry. Plus, at the end of the day Uber is already profitable in the US. They are bleeding money competing for market share in Europe and China. The whole "profitable in the US" thing escapes the headlines but the are making bank here and they will outside the US too once the market share fight is over.