Uber losing employees through high turnover; HR boss addresses problem
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Summary
New internal figures show full-time employees have been leaving at a concerning pace.In recent weeks, Uber executives including human resources chief Nikki Krishnamurthy have had to answer employee questions about the company's elevated turnover rate. The stock is down 7% this year, while the Nasdaq Composite index is up 15%.The worry with a high attrition rate, said Uber employees and HR specialists, is that the company could lose key talent, causing leaders to spend more energy hiring replacements rather than focusing on the business. An internal email from June announcing new roles for two HR employees said they would be "hyper-focused on recruiting and attrition." Uber has hired more than 200 senior managers in the past six months, according to a person familiar with the matter.Current and former Uber employees differ on why turnover is rising so much.
As said here by Tom Dotan, Mark Matousek