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Uber Lays Off 14% of Global Workforce due to COVID-19

Sourced from CNet. Uber is laying off thousands of its employees as the ongoing pandemic continues to impact business. The company said in a filing on Wednesday that it is cutting about 3,700 full-time roles or roughly 14% of its staff on the company’s customer support and recruiting teams in response to the reduced volume of ride requests and the company’s hiring freeze. Uber also said in the filing that CEO Dara Khosrowshahi will waive his base salary for the rest of 2020. “Days like this are brutal. I am truly sorry that we are doing this, just as I know that we have to do this,” Khosrowshahi wrote in an email about the layoffs to staffers, which was viewed by CNN Business. /* custom css */ .tdi_3_5b8.td-a-rec-img{ text-align: left; }.tdi_3_5b8.td-a-rec-img img{ margin: 0 auto 0 0; } Th...