JD.ID is Shutting Down, Founder Criticized The ‘Incompetence’ Executive For Only Being Good in Power

31 Jan 2023


The JD.com founder, Richard Liu said that he is planning to lay off employees with low performance as the business slows down. The local media reported Liu had criticized some of his employees for using excessive PowerPoint slides to cover up their poor business performance.

Turns out, Liu is not the only huge leader thinking this beautiful PowerPoint is not really helping the job. There are several billionaires you know also ‘hates’ beautiful PowerPoint:

  1. Steve Jobs

This founder of Apple Smartphone has a famous quote, said "People who know what they're talking about don't need PowerPoint”. Instead of thinking and confronting problems through a bunch of slides, Mr Jobs wants the meetings to be interactive, to have people "hash things out" as part of a creative process. 

For this to happen in an intelligent manner, people in a meeting must be actively involved. Using slides presentation unfortunately often puts everyone but the presenter into a passive state, and delays discussion to the end of presentation.

  1. Elon Musk

The CEO and founder of Tesla thinks people shouldn’t have spent their time too much on PowerPoint. It’s way better to focus more on product improvement

“Spend less time on finance, spend less time in conference rooms, less time on PowerPoint and more time just trying to make your product as amazing as possible.” - Elon Musk

  1. Jeff Bezos

Jeff Bezos, Founder and Chief Executive Officer of Amazon has revealed his company’s policy regarding the ban of those dreadful PowerPoint presentations. Instead, Amazon employees put together "narratively structured six-page memos," read them while sitting in silence for 30 minutes and then discuss the ideas being presented. 

The CEO called his own policy as ‘weirdest meeting culture’, but he believes instead of being a passive audience of dull PowerPoint presentations, being a reader is way more effective. Asking everyone sits silently for 30 minutes and reads a six-page memo that's narratively structured with real sentences, topic sentences, verbs and nouns instead of just bullet points. And afterwards, everyone can start discussing the details together.

As we might see, Liu could be true. JD.com, which is a ecommerce company based in China and is now a quite growing company. It is now closing its representative in Indonesia, JD.ID, as of March 31, 2023. JD.ID explained that transactions that are completed before the service termination date will be fulfilled as usual. However, after-sales service and support will still be available for the customers.  

"We deeply regret to inform you that JD.ID will stop accepting orders as of February 15, 2023. JD.ID and all of its services will be discontinued on March 31, 2023," wrote JD.ID on its official website last 30 January 2023. 


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