Last Updated: June 22, 2023, 15:18 IST
United States of America (USA)
Uber continues to cut back its workforce
Uber Technologies mentioned on Wednesday it was reducing 200 jobs in its recruitment division amid plans to maintain the workers depend flat by means of the yr and streamline prices.
(Reuters) – Uber Technologies mentioned on Wednesday it was reducing 200 jobs in its recruitment division amid plans to maintain the workers depend flat by means of the yr and streamline prices.
The reductions have an effect on lower than 1% of Uber’s 32,700-robust world workforce and observe the trip-share firm laying off 150 staff in its freight providers division earlier this yr.
The newest cuts account for 35% of Uber’s recruiting workforce, in accordance to the Wall Street Journal, which first reported the event earlier in the day.
Uber trimmed its workers depend by 17% at first of the pandemic in mid-2020 and has carried out smaller cuts than chief rival Lyft in latest months.
Lyft, below new CEO David Risher, laid off roughly 26% of its whole workforce in April and about 700 staff late final yr, because it struggled to defend margins in the race to seize extra market share from greater rival Uber.
Uber mentioned in May it was on monitor to submit working revenue profitability this yr and that it was conserving its workforce flat after headcount fell sequentially in the March quarter.
(This story has not been edited by News18 workers and is revealed from a syndicated information company feed – Reuters)
