Gojek - Investor is the new CEO.
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. It’s a good learning experience. I’m interviewing of course and intend to jump ship asap. But it’s still an interesting experience
There will almost certainly be another round of layoffs inside this quarter