Jared Kushner's head for business
This woman was not impressed.
"But I resigned in 2012 for a variety of reasons, chiefly that the president of the company and I couldn’t persuade Kushner to recapitalize the Observer — even though I reached all my numbers. When the paper had a profitable quarter for what I was told was the first time, Kushner floated the idea of layoffs to increase the margins, seemingly ignoring the fact that staff reductions would also reduce ad inventory by reducing content. A material part of what had been attractive about the job was the promise of expansion and growth. But we submitted business plans over and over again, and Kushner rejected them. He wanted the Observer to be cheaper to run, usually at the expense of growth and evolution, and he could not see the relationship between scale and profit — between risk and reward."
https://www.washingtonpost.com/posteverything/wp/2017/03/30/i-worked-with-jared-kushner-hes-the-wrong-businessman-to-reinvent-government/?tid=paid_outbrain&utm_term=.ac61baf989c6
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