Uber Makes Further Cuts to Its Staff as Losses Pile Up

rpm

Admin
Staff member
Joined
Jul 22, 2003
Messages
64,856
Uber Makes Further Cuts to Its Staff as Losses Pile Up

Uber Technologies Inc. is dismissing 435 employees, the second major staff cut this summer, as the company faces mounting losses and a declining stock price.

The eliminated jobs are in the product and engineering divisions, representing about 8% of those groups. Uber said it was firing about 400 marketing employees, about a third of that department, in July.
 
Top