The San Francisco-based company is laying off about 3,000 people and stopping some investments unrelated to its core ride-share and delivery businesses.SAN FRANCISCO - Uber announced it is cutting a quarter of its global workforce and trimming investment to survive the financial hit to its business from the coronavirus pandemic.
The San Francisco-based company is laying off about 3,000 people and stopping some investments unrelated to its core ride-share and delivery businesses, according to chief executive Dara Khosrowshahi. "Given the dramatic impact of the pandemic, and the unpredictable nature of any eventual recovery, we are concentrating our efforts on our core mobility and delivery platforms and resizing our company to match the realities of our business," Khosrowshahi said.
"We are making these hard choices now so that we can move forward and begin to build again with confidence," Khosrowshahi said.Uber planned to provide laid-off workers with at least 10 weeks pay and continue providing health benefits through the end of this year. Uber is closing or consolidating offices at various locations, including merging two facilities in its home base of San Francisco. The company also planned to close its office in Singapore in the coming year and relocate its Asia-Pacific base of operations.
Can't say Uber had great service delivery protocol on the North Coast. A very underhanded operation with drivers either sending private replacement drivers not visible on the Uber app or registered drivers not in the mood to work on weekends. totally unsafe!!!
Eyyy corona
It's really sad.😔
To other people it's lovely but other people it's painful
😥😥😥
Just 3 000? 🙄
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Let's pay companies R10,000 for each job saved: EC premier to Cyril RamaphosaFor each job saved in manufacturing, the Eastern Cape provincial government proposes to reward companies with R10,000. Great Idea 👏🏿👏🏿👏🏿 also consider Andile Mngxitama's Idea Brilliant The RLF calls upon government to give all poor and unemployed citizens including all Social Security Grant categories a Universal lncome Grant of R7000.00 monthly. Stupid idea, you save more money to let the employee go than R10000.
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