Bolt CEO Markus Villig is relatively optimistic about the outlook for ride-sharing as European economies start reopening.
Markus Villig, Bolt's CEO and co-founder, said the firm has been more frugal than some of its competitors, and therefore hasn't had to make any layoffs. Bolt is one of Uber's main challengers in Europe — others include BlaBlaCar and Kapten.
The company says it has furloughed some contractors for a "limited" amount of time but expects them to return to work once the business recovers. "We're not looking at doing any layoffs," he said. "The focus is on adjusting the business from ride-hailing to now work with scooters and food, in these times when people are just not able to move or don't prefer ride-hailing."
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Uber uses Zoom to layoff about 3,700 as coronavirus pandemic puts brakes on businessOverall, the 3,700 employees worked in 46 countries; with offices closed due to the pandemic, the decision was made to notify employees via Zoom.
Weiterlesen »
Under Armour sales plummet 23%, retailer reports net lossConor Flynn, Kimco Realty CEO and president, join 'Power Lunch' to discuss the reopening of his shopping centers and the changes in the retail industry as the coronavirus pandemic continues.
Weiterlesen »
Uber uses Zoom to layoff about 3,700 as coronavirus pandemic puts brakes on businessOverall, the 3,700 employees worked in 46 countries; with offices closed due to the pandemic, the decision was made to notify employees via Zoom.
Weiterlesen »
As COVID-19 Fears Grow, 10,000 Prisoners Are Freed From Overcrowded Philippine JailsAs COVID-19 sweeps through many of the world's prisons and jails, the Philippine Supreme Court has ordered the release of nearly 10,000 inmates in one of the world's most congested prison systems.
Weiterlesen »
Dear Taurus, Your Life Isn't Falling Apart, You Just Have to Reimagine ItThe future isn't clear right now, but that doesn't mean all hope is lost.
Weiterlesen »