Uber Cuts 3,000 More Jobs As Pandemic Squeezes Ride-Hailing
4 years, 7 months ago

Uber Cuts 3,000 More Jobs As Pandemic Squeezes Ride-Hailing

NPR  

Uber Cuts 3,000 More Jobs As Pandemic Squeezes Ride-Hailing Enlarge this image toggle caption Pascal Guyot/AFP via Getty Images Pascal Guyot/AFP via Getty Images Uber is laying off another 3,000 employees as it tries to weather the damage to its business from the coronavirus pandemic. The layoffs come less than two weeks after the company cut 3,700 jobs and said it would eliminate $1 billion in costs this year. The Uber Eats food-delivery business has been a bright spot for the company, thanks to surging demand for takeout as restaurants have eliminated in-person dining. The company is in talks to acquire rival GrubHub in a deal that would make Uber the country's biggest food-delivery app.

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History of this topic

Uber Eats bows down to union pressure and will payroll riders
1 month, 1 week ago

Uber Eats bows down to union pressure and will payroll riders

Dutch News  

Food delivery firm Uber Eats is to stop using freelancers from next year and will instead hire in its riders via a staffing agency, the Telegraaf reported on Wednesday. Uber Eats was the last meal delivery firm in the country to still use self-employed riders but has been experimenting with temp agencies Randstad and Adecco for several months, the paper …

DoorDash, Uber Eats and Grubhub all go down causing takeout panic across the US
1 year, 4 months ago

DoorDash, Uber Eats and Grubhub all go down causing takeout panic across the US

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The popular food delivery …

Grubhub, Uber Eats and DoorDash sue New York City over imminent minimum wage increase
1 year, 6 months ago

Grubhub, Uber Eats and DoorDash sue New York City over imminent minimum wage increase

Salon  

Uber Eats, DoorDash and Grubhub sued the City of New York on Thursday in order to block its new minimum pay rules for food delivery worker, as reported by the Associated Press. This comes on the heels of new regulations that would "nearly triple average earnings for app-based delivery workers in the coming years," including a raise to $17.96 per …

Uber to lay off 200 employees; 17 pc reduction in workforce since COVID pandemic
1 year, 6 months ago

Uber to lay off 200 employees; 17 pc reduction in workforce since COVID pandemic

India TV News  

Ride-hailing giant Uber is laying off 200 employees in its recruitment division in a cost-cutting exercise. According to a report in The Wall Street Journal, the latest cuts account for 35 per cent of Uber's recruiting team. 17% reduction in workforce Since the beginning of the epidemic, the company has reduced its employees by 17 per cent till date. In …

Grab cuts around 1,000 jobs in biggest round of layoffs since the pandemic
1 year, 6 months ago

Grab cuts around 1,000 jobs in biggest round of layoffs since the pandemic

Live Mint  

Singapore's ride-hailing company Grab is cutting around 1,000 jobs, or almost 11 per cent of its workforce. This is the biggest round of job cuts by the Southeast Asian tech giant since the pandemic, when it laid off around 360 employees in the year 2020. Grab CEO Anthony Tan said the layoffs were not a "shortcut to profitability" but part …

Uber’s Now a Food Delivery Company—and It’s Still Losing Money
55 years ago

Uber’s Now a Food Delivery Company—and It’s Still Losing Money

Wired  

Since a company called UberCab took to the streets of San Francisco almost a decade ago, Uber has been many things: an app-powered black car service for self-described “ballers”; a slayer of taxi companies; a scandal-ridden stand-in for Silicon Valley ills; a vehicle to transfer VC-funded joyrides to the masses. Amid a pandemic that’s kept workplaces, restaurants, and bars closed …

Uber rides take coronavirus hit but food-delivery business doubles
4 years, 5 months ago

Uber rides take coronavirus hit but food-delivery business doubles

Live Mint  

Homebound customers of Uber Technologies Inc more than doubled their orders from the company's food-delivery service in the second quarter but demand for ride-hailing trips only marginally recovered from pandemic rock-bottom. The company on Thursday posted a $1.8 billion net loss from April through June, including charges related to laying off 23% of its global workforce during a period when …

Uber Gobbles Up Postmates In $2.65 Billion Bet On Food Delivery
4 years, 6 months ago

Uber Gobbles Up Postmates In $2.65 Billion Bet On Food Delivery

NPR  

Uber Gobbles Up Postmates In $2.65 Billion Bet On Food Delivery Enlarge this image toggle caption Tomohiro Ohsumi/Getty Images Tomohiro Ohsumi/Getty Images Uber is buying the delivery app Postmates, bolstering its food-delivery business at a time when few people are hailing rides. Sponsor Message In contrast, orders for its Uber Eats food delivery service doubled during the same three-month period. …

Uber to buy Postmates for $2.65 billion
4 years, 6 months ago

Uber to buy Postmates for $2.65 billion

CNN  

New York CNN Business — Less than a month after Uber tried and failed to buy Grubhub, the ride-hailing company has won a different deal to bolster its food delivery business. Uber said Monday it has agreed to buy Postmates for $2.65 billion in an all-stock deal, calling the startup “highly complementary” to Uber Eats, its meal delivery service. “Uber …

Just Eat swallows Grubhub creating restaurant delivery giant
4 years, 6 months ago

Just Eat swallows Grubhub creating restaurant delivery giant

Associated Press  

Two pioneers in restaurant delivery — Just Eat Takeaway.com and Grubhub — are combining in a $7.3 billion deal that will create one of the world’s largest delivery companies. Amsterdam-based Just Eat Takeaway.com said late Wednesday that it was acquiring Chicago-based Grubhub, snatching it away from ride-hailing giant Uber, which had been reportedly seeking to team Grubhub with its Uber …

Uber lost out on its pursuit of Grubhub
4 years, 6 months ago

Uber lost out on its pursuit of Grubhub

CNN  

CNN Business — Uber has lost out on a high-profile deal that would have given a big boost to its food delivery business that has seen surging demand during the pandemic. Weeks after reports that Uber was in discussions with Grubhub about a possible merger, a Netherlands-based company, Just Eat Takeaway.com, confirmed Wednesday that it has struck a deal with …

Uber India to lay off 600 people
4 years, 7 months ago

Uber India to lay off 600 people

The Hindu  

Cab aggregator Uber on May 26 said it would lay off about 25% of its employees in India due to the negative impact of COVID-19 on the business. “The impact of COVID-19 and the unpredictable nature of the recovery has left Uber India SA with no choice but to reduce the size of its workforce… These reductions are part of …

Uber cuts 600 jobs in India due to COVID-19; 'made the decision so that we can look to future with confidence', says country head
4 years, 7 months ago

Uber cuts 600 jobs in India due to COVID-19; 'made the decision so that we can look to future with confidence', says country head

Firstpost  

Uber announced it is laying-off a fourth of its total headcount of 2,400 in the country across customer and driver support, business development, legal, finance, policy and marketing verticals. Last week, after cab aggregator Ola said it is laying off 1,400 employees, Uber India has announced it is axing 600 jobs in India. These reductions are part of previously announced …

Uber cuts 600 jobs in India because of the coronavirus pandemic
4 years, 7 months ago

Uber cuts 600 jobs in India because of the coronavirus pandemic

CNN  

Hong Kong CNN Business — Uber’s last big stand in Asia just got a lot smaller. Uber’s president for India and South Asia, Pradeep Parameswaran, apologized to departing staff and called it a sad day for the company. In India, Uber resumed ride hailing services in about 50 cities earlier this month, but much of the country remains under lockdown. …

Uber to cut 3,000 more jobs in second round of layoffs; 'made incredibly difficult decision to reduce workforce', says CEO in mail to employees
4 years, 7 months ago

Uber to cut 3,000 more jobs in second round of layoffs; 'made incredibly difficult decision to reduce workforce', says CEO in mail to employees

Firstpost  

Uber Technologies Inc, the San Francisco-based ride-hailing company, is laying off 25 percent of its staff. It will cut a total of 6,700 jobs, including the 3,700 it had announced earlier this month, Chief Executive Officer Dara Khosrowshahi said, adding that the company plans to reduce investments in several “non-core projects,” according to Reuters. He said Uber must establish itself …

Uber has now cut 25% of its staff during coronavirus pandemic
4 years, 7 months ago

Uber has now cut 25% of its staff during coronavirus pandemic

CNN  

CNN Business — Uber informed staff on Monday that it is cutting another 3,000 employees as it continues to grapple with the pressure from the global pandemic on its core business. In an email to staffers on Monday, which was viewed by CNN Business, Uber CEO Dara Khosrowshahi said the company is also “closing or consolidating” around 45 office locations …

Uber posts massive losses, to lay off 3,700 employees; banks on food-delivery momentum
4 years, 8 months ago

Uber posts massive losses, to lay off 3,700 employees; banks on food-delivery momentum

Firstpost  

Uber recorded $3.54 billion in total revenue for the first three months of the year, roughly in line with analyst estimates, but still posted a $2.9 billion loss in the period. Uber Eats recorded a $313 million loss in adjusted EBITDA in the first quarter, reducing losses by 32 percent from the previous quarter. Uber said new deals with large …

Home Food Over Takeaway? Online Meal Delivery Firms Knocked Off Course Due to Virus Around the World
4 years, 9 months ago

Home Food Over Takeaway? Online Meal Delivery Firms Knocked Off Course Due to Virus Around the World

News 18  

The lockdown of millions of people at home across the globe due to the coronavirus should have been the perfect recipe for success for the burgeoning online meal delivery market. An Uber spokesman said the impact of the virus had varied widely across Europe, but it had seen big increases in restaurants and shops signing up to its app. “New …

How a coronavirus recession could be disastrous for Uber and Lyft drivers
4 years, 9 months ago

How a coronavirus recession could be disastrous for Uber and Lyft drivers

LA Times  

Christian Perea, a San Francisco Uber driver with diabetes, stopped driving as a precaution at the end of February. “So when the recession comes the amount of people spending money on conventions, on businesses and hotels and traveling and going out to eat and sort of doing all of these things where calling an Uber or Lyft makes sense actually …

Uber Eats focusses on aggressive expansion in India
5 years, 1 month ago

Uber Eats focusses on aggressive expansion in India

India TV News  

Uber Eats, the food delivery unit of Uber, on Friday said it is focussing aggressively on expanding its presence in India, a market that is expected to become a USD 15 billion opportunity over the next few years. India is fundamental to Uber's growth and we have a stable and massive rides business and we don't see a reason why …

Uber lays off 350 workers across different departments
5 years, 2 months ago

Uber lays off 350 workers across different departments

CNN  

San Francisco CNN Business — Uber laid off approximately 350 employees across several different teams on Monday, a spokesperson confirmed to CNN Business. The cuts are the third and final round of layoffs that began months ago, now affecting employees from Uber Eats, performance marketing, the advanced technologies group, recruiting and teams within the global rides and platform departments, Uber …

Uber Eats getting embedded into main app: Report
5 years, 7 months ago

Uber Eats getting embedded into main app: Report

Live Mint  

San Francisco: Ride-hailing major Uber has embedded the web version of its food delivery app — Uber Eats — into the main application in select markets. "We're rolling out a new way to order Eats directly in the Uber app on Android," an Uber spokesperson was quoted as saying by the TechCruch on Wednesday. San Francisco-based Uber had more than …

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