Coronavirus: Uber to cut 3,000 more jobs as pandemic hits ride-hailing business

Coronavirus: Uber to cut 3,000 more jobs as pandemic hits ride-hailing business

4 years ago
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https://www.mercurynews.com/2020/05/18/coronavirus-uber-to-cut-3000-more-jobs-as-pandemic-hits-ride-hailing-business/

Uber said Monday that it will cut another 3,000 jobs as the San Francisco-based ride-hailing leader deals with more fallout from the ongoing coronavirus crisis upon its business.

Uber made the job cut announcement in a filing with Securities and Exchange Commission. According to the company, the cuts will involve full-time staff members and are being made to “reduce its operating expenses in response to the economic challenges and uncertainty resulting from the COVID-19 pandemic.”