Uber lays off 3,000 more employees in latest round of COVID-inspired cuts

Illustration by Alex Castro / The Verge

Uber is laying off 3,000 employees in the latest round of COVID-19-inspired cost-cutting, CEO Dara Khosrowshahi said in an email to staff. The news, which was first reported over the weekend by The Wall Street Journal, comes as the ride-hailing company has seen an 80 percent drop in its ride-hailing business as a result of the coronavirus pandemic.

“We have to take these hard actions to stand strong on our own two feet, to secure our future, and to continue on our mission,” Khosrowshahi said in the email.

The move comes less than two weeks after Uber laid off 3,700 employees, or 14 percent of its global workforce.

The pain of COVID-19 is being felt across the…

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via The Verge – All Posts

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