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Using IBM’s Watson machine learning capabilities, the workforce analytics team build an algorithm that included sources like recruitment data, tenure, promotion history, performance, role, salary, location, job role, and more. According to the report , productivity has also improved while recruitment cost have fallen.
The reason the estimate was so off, as investor Bill Gurley pointed out , is that Uber goes beyond taxi use cases and grows the market substantially by unlocking many new categories of transportation. Once in a city, the Launcher must simultaneously: recruit, hire, and train a local team. form relationships with local press.
It also incorporates environmental issues like sustainable transportation, renewable energy storage, and climate change mitigation. Zappos is also known for offering $2000 to the new recruits to quit if they want. So they ran an A/Btest, and the results were in Tom’s favor.
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