. Those bring the company's total job cuts to 6,700 this month — roughly a quarter of its global workforce.Monday, Khosrowshahi implied that Uber has made it past the worst of its job cuts, but stopped short of promising that there won't be cuts in the future.
He framed the layoffs as a necessary step to achieving future stability, adding that "hope is not a strategy."
Its best to cut deep, and cut just once. Staggering it out just causes morale issues which leads to a death spiral the company can't cheaply get out of.
Lmao word play , SMART! garyvee
Prepping for profit.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uber expected to cut thousands more jobs in another round of layoffs beginning Monday - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. After cuts he will give himself a big raise I will not miss Uber, Lyft, AirBnB or any of the other leach app companies that add nothing and take no responsibility for their services or employees. They are just Specialised Craig’s Lists that do nothing of value. GLSchwartzberg Nothing personal, just doing business.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Uber to slash 3,000 more jobs, close offices, shrink investments - Business InsiderAfter Business Insider's julie188 reported over the weekend that Uber employees were bracing for another round of layoffs, Uber announced on Monday it will lay off 3,000 workers and close 45 offices Julie188 They were just leaching of the drivers anyway who did all the work, while these spoiled people sat int heir offices playing football or whatever these kids do SAI Julie188 Better job than Expedia .... idk Julie188 McKinsey claims that the measures taken to stem the spread of the novel coronavirus have catapulted us “five years forward in consumer and business digital adoption in a matter of around eight weeks.” Popular Resistance Org. Zoom: welcome back class divide; goodbye offices
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stéphane Bancel, CEO of Moderna, the biotech making a COVID-19 vaccine - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Here's how many layoffs there have been at SoftBank startups - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Morgan Stanley: The six most promising potential coronavirus vaccines - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. enfermedad no inmunizante, la vacuna es inapropiada You couldn’t pay me to inject one of these in my arm bcs Morgan Stanley are now experts in virology and the study of vaccination.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Grubhub, Uber Eats, Postmates: third-party food delivery is broken - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I no longer use these delivery services and have started to order directly from the restaurants. I respectfully disagree. It’s unchartered territory, but it’s the future of fast food. Eventually, the restaurants and third-party apps will find the right balance. Third-party apps must work with small businesses though. Otherwise, you will see major consolidation in the space.
Source: BusinessInsider - 🏆 729. / 51 Read more »