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Postmates Lays Off All Its City Managers (techcrunch.com)
According to TechCrunch, Postmates has let go of all of its city managers, as it centralizes some of its operations at its headquarters in San Francisco. "The total number of people affected by the move is 15 across markets like Boston, Denver, Las Vegas, Nashville, New York, Philadelphia, St Louis, San Diego, and Washington, DC," reports TechCrunch. From the report: In a statement, Postmates said that general managers will take on city managers' responsibilities. "Postmates has grown rapidly over the last six years -- and continues to grow in more than 200 cities across the U.S. As part of that growth, we've decided to centralize some of our regional marketing efforts within our San Francisco headquarters," a spokesperson said in the emailed statement. "Centralizing these functions will enable us to execute more quickly -- and ultimately help us be more nimble and effective as we continue to aggressively scale the company. Our general managers will remain in place and continue to help lead our local efforts. We are thankful to our city managers for all their hard work, and we're confident that they will be successful in their future endeavors."
One of the tipsters, an ex-city manager, said that employees were taken by surprise: Postmates had just earlier this month organized a retreat for the city managers, which they saw as a team building exercise. The tipster also added that the murmurs were that the cost-cutting was being done "as a precursor to an acquisition," but Postmates' spokesperson denied that this is the case, and also ruled out a merger and fundraising as reasons for the cuts.
One of the tipsters, an ex-city manager, said that employees were taken by surprise: Postmates had just earlier this month organized a retreat for the city managers, which they saw as a team building exercise. The tipster also added that the murmurs were that the cost-cutting was being done "as a precursor to an acquisition," but Postmates' spokesperson denied that this is the case, and also ruled out a merger and fundraising as reasons for the cuts.
Seriously, wtf is this?
Tech jerbs are hella lucrative, dudebro.
What the heck is a Postmates?
-db
I don't
We find it's always better to fire people on a Friday. Studies have statistically shown that there's less chance of an incident if you do it at the end of the week
Why did this deserve a post on /. god this place has gone way down hill
So a company that nobody has heard of, who makes / performs a product or service that nobody here can identify, laid off 15 people and that rates the front page of Slashdot now?
Seriously?
Slashdot still doesnâ(TM)t support Unicode after it was added to the HTML standard in 1997.
That's good because most cities already have city managers that work for the city.
This site is garbage, and it's the editors fault.
Postmates had just earlier this month organized a retreat for the city managers, which they saw as a team building exercise.
Those city managers should have seen this coming. During the retreat, they did a "trust fall" exercise... but Postmates made a point of not catching the managers when they fell.
#DeleteChrome
Who are they and why is this important?
If you think about what makes a sustainable business, part of it is barriers to entry and loyalty that lead to pricing power. There are few barriers to entry for the delivery world (given so much surplus labor and vehicles compared to the demand), and I would say practically zero loyalty.
I know friends (and I myself) who churn between Blue Apron, HelloFresh, Postmates, Taskrabbit, Doordash, Munchery, Safeway, every possible food, delivery, and prep service -- whatever service offers the lowest price or the flavor-of-the-week signup bonus. What do I care if one is named something silly and I change to the other one next week for a lower price?
There's a shakeout happening in this industry, and it's not pretty.
Seriously, Slashdot editors are like Postmates. No one knows what they do, and they should all be laid off.
I asked the same question. What the fuck is wrong with Slashdot these days? The stories have become shittier, and those that area posted have shitty summaries.
Also this: So a company that nobody has heard of, who makes / performs a product or service that nobody here can identify, laid off 15 people and that rates the front page of Slashdot now?Seriously?
To whoever paid $$$ for Slashdot. Kick your current crap crop of editors out and bring in someone who knows what they are doing.
over a certain threshold. Everytime I read about one it means mass layoffs and price hikes in the face of shrinking competition. While we're at it, start taxing the crap out of corporations so they don't have so much cash to sit on and buy out all their competitors with.
/. for Pete's sake. That ship sailed when came here and read my post.
Seriously, there's a reason we used to have a 90% top marginal tax rate and it's crap like this. You let income inequality get out of hand and you get shit like this. Big gov't isn't the threat to freedom, it's oligarchy. I can vote for my government. Unless I'm a billionaire I don't get a vote with the mega corps. And no, nobody reading this is every going to be a billionaire. You're reading
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lays off a bunch of folks. I care about this because?
b
Was it too hard to make even the briefest mention of what the fuck "Postmates" is?
Just cruising through this digital world at 33 1/3 rpm...
https://www.google.co.jp/amp/s... Postmates among those targeted by NLRB challenging employmee classification .
Have you stopped raping your neighbor's goats yet?
1. Fedgov prints a bunch of free money out of thin air, calling it "Quantitative Easing"
2. Fedgov gives that free money to their friends / "campaign contributors" in the big banks
2. The big banks bid up every asset they can find, but still have piles and piles of free money sitting around.
3. Big banks can't figure or anything else to do with all that free public money - so they start giving a bunch of it to the bankers' inbred, half-wit cousins who run VC firms in Palo Alto
4. The VCs discover they've been given more money than they can possibly waste on hookers & blow. So they hire a few of their butt-buddies from the Stanford dorms to found some "startups".
5. The butt-buddies look at what other loss-making companies are doing, then do the same thing only with an even stupider company name.
6. No business acumen, nor any actual talent, are required to get a leadership role at a startup. You just have to be from the "right schools". Consequently the startups have no business model and not much ability to execute. But hey - at least this time they didn't pay "outrageous" salaries to a bunch of filthy working class nerds!
6. The startups make a handsome loss, undercut and bankrupt a few legitimate businesses, and keep on getting bigger and bigger valuations each time they return to the VC teat to suck more free public money.
7. Somewhere way up the food chain, someone in DC or New Jack City gets a little nervous about propping up so many worthless loss-making "startup" companies.
8. The steady stream of free public money starts to dry up
9. The Crash!
10. Somewhere in Palo Alto, a Stanford boy can no longer afford his Personal Ass Sanitation Assistant, and is forced to resume wiping his own butt.
Summary fails to identify what Postmates is, take it down and revise.
If they're REALLY growing, they would not be laying off anyone. There would be too much work (and increasing) to lay off anyone.