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by ziszis 3385 days ago
Now every departure is viewed with suspicion. With a 10,000 person company there is going to be exec departures, but even normal departures will have rumors attached to them (why did they really leave? Isn't the timing odd? Was something about to come out?)

Every senior person leaving Uber now has to manage their image as they leave. And every journalist is digging to see if there is any dirt.

2 comments

I'm surprised this comment is so low. In a 10,000 person company with 100 "senior executives", you'll naturally see 20 execs leave every year even if the company has a healthy 5-year retention.

Sure, you'd expect to see this churn ramp and plateau over time, but something like 10 "senior execs" leaving every year doesn't strike me as out of the ordinary.

I think it's important to note that stories like this will be reported whether or not it's based in truth because it's what certain people want to believe.

where do you get your numbers from? saying 20% of senior executives leaving a company in a year seems to be a high figure.

let's set that aside for a moment, because you're saying this is completely normal for a large company. but to me this seems like a pretty abnormal event worth reporting. we're talking about a pretty large number of senior executives leaving within a very small timeframe. this seems to be why it's making the tech news sites, since it's not just the normal churn of employees leaving.

With a 10,000-person company, there will be departures, but there still shouldn't be many executive departures if things are going well. Especially now, the CEO and the board should be doing absolutely everything they can to get good senior execs to stay. That they can't is an important sign.