Though the last week was a disaster for LinkedIn but the company’s CEO Jeff Weiner inspired his employees instead of demoralizing them.
About a week ago, the giant professional network organization LinkedIn had a nightmare in their business history falling 40% of its shares in a day and the earnings report figured out that LinkedIn paid about $10 billion for the nightmare. Moreover, the company’s CFO mentioned in a comment that he was “surprised” by the sudden situation.
In a meeting with all the employees last week, Jeff attempted to console workers and advise them that is it not about whether you’ll encounter this issue, but how you get through it.
Weiner motivated his employees saying “We are the same company we were the day before our earnings announcement. I’m the same CEO I was the day before our earnings announcement. You’re the same team you were the day before our earnings announcement. And most importantly, we have the same mission, vision, and sense of purpose in terms of our ability to create economic opportunity. None of that has changed. It hasn’t changed one iota.”
Furthermore, Jeff Weiner has found another ray of hope by the means of World Economic Forum. On its report, it demonstrated that 5 million occupations would be uprooted by rising technologies by 2020. Therefore, Jeff Weiner said in a nutshell that development is moving too quick and surpassing the capacity to prepare individuals for employment that will arrive later on.
“Does that sound familiar to anyone?” he said with a smile. “It should, because that’s been our narrative for years.”
Weiner has confidence that LinkedIn’s part will be guiding people in the workforce to stay aware of the development, and point them towards new jobs. LinkedIn even released a video during their meeting where Weiner said if the company executes on it, “our valuation will take care of itself.”