Somehow I don't think we would have seen a company like OpenAI emerge under the current management at TU.
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TU bought too many companies at inflated prices. Now when these companies aren't panning out, they're trying to nickel & dime everything else.
Boy, going public was a great idea!
@TheLibsofTU on Twitter
More like current glory hole.....
The TU job listings are very interesting, many of the internal ones mention "Neustar" products.
I don't think its bean counters as much as Chris made a big gamble on acquiring Neustar which includes their inflated intellectual property. Stock dropped because the original guidance on growth from acquisitions didn't pan out. The resulting optics was that Chris was either too optimistic or was misled by those offloading Neustar on its growth prospects. Then instead of being accountable (give up golden parachute, take a compensation cut, or have the entire executive team take a comp cut), Chris decides to do multiple rounds of layoffs.
Chris is not a bean counter, he's a gambler thats forcing the employees to foot the bill for his mistakes.
As for Open AI, more news are revealed that Sam Altman can't be trusted and that's why he was abruptly let go. The employees that revolted threatening to quit don't know the real Sam. You can't trust any leader (whether its TU, OpenAI, or Tesla) that can't be accountable with all stakeholders which includes employees and board of directors.