Re:Uber Founder Travis Kalanick Resigns as C.E.O.
by rubicon33 on Wednesday June 21, 2017 @12:32PM
(#14605278)
> they have little advantage over other companies and can't for the life of them turn a profit.
At this point why doesn't Uber just lay off a HUGE portion of their staff and kill the R&D. It's hard to imagine if they downsized significantly and quit investing in self driving cars, that they couldn't tip the needle into profitability.
Isn't that a fairly common move for a startup? Burn money to get off the runway, then downsize to stabilize?
At this point why doesn't Uber just lay off a HUGE portion of their staff and kill the R&D. It's hard to imagine if they downsized significantly and quit investing in self driving cars, that they couldn't tip the needle into profitability.
Isn't that a fairly common move for a startup? Burn money to get off the runway, then downsize to stabilize?