An Interest In:
Web News this Week
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
- March 22, 2024
August 13, 2019 01:14 pm PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/A17rxyQFPk8/sic-semper-uber.html
As Uber's stock craters amid billions in unanticipated losses, a hiring freeze on engineers
Uber -- a bezzle -- projected $8b in losses this year; but it lost more than $5b in a single quarter, and despite an initial stock price rise (dead cat bounce?) the company's shares have tumbled by more than 10% since, hitting an all-time low. Engineers who were scheduled to interview at Uber have had those interviews canceled by the company's HR department, who told them the company now has a tech-worker hiring freeze. (Image: Tarcil, CC BY-SA, modified) (via Naked Capitalism) Read the rest
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/A17rxyQFPk8/sic-semper-uber.html
Share this article:
Tweet
View Full Article