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by tomnipotent 2227 days ago
Management isn't omnipotent.

> What context does Uber have now

More data that can be feed into their financials models to understand the short-term and long-term impact of this market on their cash flow. Companies don't do layoffs because things are nice and predictable.

2 comments

Isn't the word you're looking for omniscient ?
Haha yes it has become muscle memory.
> omnipotent

You seem to like that word, it being your nick, but that said, it would seem to me that any management that believes it is omnipotent ought to be fired on the spot. That sort of delusion can only end in tears.

The delusion is the opposite, in that everyone else thinks management should magically have all the right and best answers at the drop of a dime. In reality, management is people too with varied levels of experience and competence. And like all people, they make mistakes so we shouldn't be surprised they don't get it right all the time.