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May 18, 2020 04:05 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/QeyRhx8n_Bg/uber-cuts-3000-more-jobs-shuts-45-offices-in-coronavirus-crunch
Uber Cuts 3,000 More Jobs, Shuts 45 Offices in Coronavirus Crunch
Uber is cutting several thousand additional jobs [Editor's note: the link may be paywalled; alternative source], closing more than three dozen offices and re-evaluating big bets in areas ranging from freight to self-driving technology as Chief Executive Dara Khosrowshahi attempts to steer the ride-hailing giant through the coronavirus pandemic. From a report: Mr. Khosrowshahi announced the plans in an email to staff Monday, less than two weeks after the company said it would eliminate about 3,700 jobs and planned to save more than $1 billion in fixed costs. Monday's decision to close 45 offices and lay off some additional 3,000 people means Uber is shedding roughly a quarter of its workforce in under a month. Drivers aren't classified as employees, so they aren't included. Stay-at-home orders have ravaged Uber's core ride-hailing business, which accounted for three-quarters of the company's revenue before the pandemic struck. Uber's rides business was down 80% year-over-year in April.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/QeyRhx8n_Bg/uber-cuts-3000-more-jobs-shuts-45-offices-in-coronavirus-crunch
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