Uber Eats and the company's Advanced Technologies Group were among the targeted business groups this time.
Uber commenced a third round of layoffs on Monday, TechCrunch's Megan Rose Dickey first reported. Roughly 350 employees in Uber Eats, ATG, and product roles were let go, according to an email from CEO Dara Khosrowshahi published by the news site. Uber has been under tremendous pressure to cut costs and turn a profit as its stock price has plummeted since the company's May IPO. Visit Business Insider's homepage for more stories.
Uber commenced a third round of layoffs on Monday, TechCrunch's Megan Rose Dickey first reported. Roughly 350 employees in Uber Eats, ATG, and product roles were let go, according to an email from CEO Dara Khosrowshahi published by the news site. Uber has been under tremendous pressure to cut costs and turn a profit as its stock price has plummeted since the company's May IPO. Visit Business Insider's homepage for more stories.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Don't Call Chicken and Dumplings Depression-Era Cheap EatsAll too often, chicken and dumplings gets labeled as a thrifty meal invented during the Great Depression as a way to stretch out an old chicken. But as you look into the history of chicken and dumplings—and when you eat them, too—you soon realize that, far from some sort of humble economy dish, it's actually a rich, luxurious Southern icon.
Weiterlesen »
Goldman Sachs is expected to report third quarter hits from sinking WeWork, Uber stakesInvestors are set to scrutinize results from Goldman Sachs and J.P. Morgan Chase as banks report third-quarter results starting Tuesday.
Weiterlesen »
Lyft follows Uber in suing NYC over cruising time capsLyft Inc , following its rival Uber's move, has sued New York City seeking ...
Weiterlesen »
Uber, Lyft sue NYC over new congestion-fighting empty car rules - Business InsiderThe new rules were designed to ease congestion and reduce the number of empty ride-hailing cars circling city streets.
Weiterlesen »
Uber and Banco Inter in talks to forge partnership in Brazil: sourceBrazilian lender Banco Inter SA and Uber Technologies Inc are in talks to forge ...
Weiterlesen »