So much mess is going on in gojek, a lot of higher management is forced to left company.
Seems like Andre is forced to left by investors.
And now Shareholder is becoming the CEO, Official old statements by newly made CEO "Financials is not a exciting market for earnings"
Usually when investors takeover they just care about profits and earnings (ways to exploit to earn maximum).
Seems like future of GoTo is in clouds.
Expecting a lot of restructuring, layoffs after patrick takeover.
Shareholders cant have the same conviction as the founder's/Ceo Most probabily the founders did not have a majority share anymore due to so much funding, dilution and things were out of their hands. Hopefully he doesn't start another round of restructuring.
Not everyone is lucky enough to see a downward spiral first hand. Itâs a good learning experience. Iâm interviewing of course and intend to jump ship asap. But itâs still an interesting experience
There will almost certainly be another round of layoffs inside this quarter
Almost one year later of, Gojek CO-CEO Kevin steped down from his role, today GoTo CEO Andre also stepped down from his position.
Now, one of the the primary investor is taking his role of GOTO CEO. Investor being CEO is worrisome đ ...
https://www.linkedin.com/in/patrick-walujo-94a2701 So a multi billion dollar company with 1000s of employees wil...
Man I thought gojek was doing well, dafuq happened all of a sudden.
Heard from multiple people that with Patrick taking the position of CEO that there are rumors circulating about an upcoming reorg and cost-cutting measures, with a strong emphasis on achieving positive EBIDTA to satisfy investorss. Some ...
Received at least 10+ emails of people exiting today. Most senior managers or leadership positions. Attrition is almost all time high. I got to know atleast 5 more are yet to quit. Something cooking?
Heard they have mandated 5 days WFO and one of the investor has become CEO. Would there be another round of layoffs?