One of Uber's biggest assets is about to face a stress test that will expose the extent of the damage the company has suffered after being shaken by a string of scandals.
Uber employees are about to get their bonuses, and all eyes are on how many take the money and run
Sources say some Uber employees have been waiting for the paycheck before they jump ship.
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Uber will distribute annual bonuses to employees next week — a ritual that many people inside and outside the company think could trigger an exodus of employees.
According to sources close to the company, numerous Uber employees have been biding their time in the wake of sexual harassment and other scandals, waiting to collect their bonus before jumping ship.
Despite the scandals, Uber has said that it hasn't seen attrition above normal so far. That could change on bonus day. While it's normal for companies to see some employees depart after bonus time, this year's payout season is being especially closely watched given all that's happened.
The potential talent drain comes after a blistering few weeks of bad press. In January, over 200,000 customers deleted Uber in one weekend as part of the #DeleteUber movement. Since then, the company has had to launch an internal investigation into its workplace culture after a former engineer published a tell-all blog post about the gender bias and sexual harassment she allegedly endured at the company.
Uber has also been sued by its investor, Google, for allegedly using stolen technology and had details of a program designed to deceive government authorities published in the last two weeks.
have come under pressuretoxic culture."
The company recently wrapped up its performance reviews of employees. Now, as Uber prepares to reward its stars, it will be the employees who grade the company by staying loyal or moving on.