Uber Lays Off 14 Percent of Staff, Pandemic Pummels Business
  • 4 years ago
Uber announced this week that it’s cutting 3,700 roles as the coronavirus crisis pummels its ride-share business and that of its competitor Lyft. An Uber spokesperson confirmed to Gizmodo that the layoffs will affect roughly 14 percent of the company’s employees. According to a memo CEO Dara Khosrowshahi sent to the Uber team, the eliminations are hitting its CommOps and Recruiting teams. Khosrowshahi cited the climate created by the current global health crisis, which has vastly impacted the ride-share market, as well as its current hiring freeze as reasons for the cuts.