Transparency: It is a Beautiful Thing
My hat is off to Jason Goldberg of Jobster. It appears that high flying Jobster, for which I have tremendous respect, is about to lay off a significant number of its employees in an effort to become profitable in 2007. Unlike most CEO's, Jason has been open and honest with the readers of his blog about what is happening. I'm sure that there are things that he has not been able to discuss because of the fiduciary obligations that he owes to his VC and other shareholders, but it is truly amazing how he has been willing to not only acknowledge the very difficult issues in his blog but also link to blogs and other articles that are trash talking Jobster. He even approved a comment from a disgruntled parent of one of his recent college graduate employees.
This is a difficult time for Jason, his shareholders, his employees, his clients, his vendors, and others who care about Jobster. Yet when they all look back upon this period, they will trust Jason more and because of that Jobster will be stronger and even more respected than it already is.
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