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 detailed in a company-wide email. The email to employees was sent with the subject line: “Stronger moving forward.” “As you know, over the past few months, our leaders have looked carefully at their teams to ensure our organizations are structured for success for the next few years,” Uber CEO Dara Khosrowshahi wrote in the email. “This has resulted in difficult but necessary changes to ensure we have the right people in the right roles in the right locations, and that we’re always holding ourselves accountable to top performance.” Khosrowshahi said “days like today are tough for us all” but he would work to insure that the company wouldn’t “need or have another day like this” going forward.

Employees Company Uber  departments  350  different  months  work  round  company  uber  right  teams  layoffs  employees  workers  lays  laid

History of this topic

Uber to fire 200 employees from recruitment team
1 year, 6 months ago

Uber to fire 200 employees from recruitment team

India Today  

Uber is soon going to lay off employees from its recruiting team.The popular ride-hailing company, is making changes to its workforce. As per a Wall Street Journal report, out of the total recruiting team at Uber, 35 per cent of the members will be affected by these layoffs. However, it's important to note that these cuts represent less than 1 …

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 …

Lyft to 'significantly' cut jobs in new CEO's first major move
1 year, 8 months ago

Lyft to 'significantly' cut jobs in new CEO's first major move

The Hindu  

Lyft Inc. CEO David Risher said on Friday the ride-hailing company will "significantly" cut jobs in another round of layoffs to reduce costs, sending its shares up about 4%. The company declined to provide details on the number of affected staff, but the Wall Street Journal reported earlier in the day the move could impact 30% of Lyft's workforce, or …

Uber to fire some employees as part of their performance review process
1 year, 10 months ago

Uber to fire some employees as part of their performance review process

India Today  

Uber has revealed that it will be letting go of some of its employees as part of an ongoing performance review process. The ride-sharing company has not disclosed the exact number of employees that will be affected, but the reviews are said to be "even more rigorous" than before.It is worth noting that Uber did not lay off any workers …

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 fires 200 Amsterdam employees amid global restructuring
4 years, 6 months ago

Uber fires 200 Amsterdam employees amid global restructuring

NL Times  

Ridesharing giant Uber has fired 200 of its 1,500 employees at its Amsterdam headquarters, according to a report by newspaper NRC on Saturday. The layoffs come just weeks after the company announced that 45 offices would be shut and 6,700 employees let go around the world as the company begins restructuring efforts following the outbreak of the coronavirus. After weeks …

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 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 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 …

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 …

Uber earnings: company lost more than $1 billion in the third quarter
5 years, 2 months ago

Uber earnings: company lost more than $1 billion in the third quarter

CNN  

New York CNN Business — Uber is still reporting steep losses but its revenue growth is showing some promise. On Monday, the ride-hailing company <a href="https://investor.uber.com/news-events/news/press-release-details/2019/Uber <a href="> -Announces-Results-for-Third-Quarter-2019/default.aspx” target=”_blank”>reported it lost $1.16 billion during the third quarter including $401 million in stock-based compensation expenses related to its public offering in May. On a conference call with analysts to discuss …

Nearly 20 Indians hit by Uber layoff as growth slips
5 years, 5 months ago

Nearly 20 Indians hit by Uber layoff as growth slips

Live Mint  

New Delhi: Several Indian employees were left in the lurch when ride-hailing service Uber sacked 400 staffers from its 1,200-member marketing team globally to cut costs and streamline operations. In a document posted on LinkedIn as "Ex-Uber Marketers," nearly 20 Indians employed with Uber who lost their jobs in the recent round of layoff have applied for jobs on the …

Discover Related