LinkedIn CEO Jeff Weiner Responds to Share Price Nosedive
Not one to be deterred however, CEO Jeff Weiner, speaking to his staff and sharing the video to LinkedIn's SlideShare platform, confidently asserted the company's position, re-affirming where they stand, their mission and why, he believes, they are more than prepared to not only bounce back, but to thrive in the shifting economic climate.
"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. 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."
He then goes on to discuss what has been dubbed "the fourth industrial revolution" and LinkedIn's own role within it. Seemingly confident about LinkedIn's prospects and undaunted by the losses, Weiner called upon his employees to largely ignore the share price and focus instead on the companies mission, before attempting to clarify the role he sees LinkedIn's service playing in the future:
“We’ve been talking now for at least several years about the
fact that the creation of economic opportunity and increasing socio-economic stratification
will be the defining issue of our time, and there is no company, anywhere is
the world, better positioned to help individuals, the people they care about, the
people that work for them, to navigate these uncertain times, these increasingly
uncertain economic times. That’s the role that we play and that has not
changed.”
Only time will tell whether or not Weiner's confidence is misplaced but, in my humble opinion, it'll likely take more than one bad earnings report to kill off the service for good.
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LinkedIn CEO Jeff Weiner Responds to Share Price Nosedive
Reviewed by Unknown
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Tuesday, February 16, 2016
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Reviewed by Unknown
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Tuesday, February 16, 2016
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Unknown
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