Uber CTO resigns as company reportedly considers 5,400 job cuts - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Uber's top engineer is leaving the ride-hailing giant as the coronavirus throws its core taxi business into turmoil

Uber's chief technology officer and longest-serving executive, Thuan Pham, has resigned effective May 16, the company said Tuesday, as it reportedly mulls further cost-cutting to weather the coronavirus pandemic.

"While the work is never done, I feel comfortable hanging up my hat at a time when the Uber Engineering team is at peak productivity, we have built robust system scale and stability, and are well prepared to face the future," he said in afiled with the Securities and Exchange Commission. "This has been a labor of love for me, and I am so proud of what we have done as a team."

Pham joined Uber as CTO in 2013 under ousted founder and former CEO Travis Kalanick, who exited the company's board after selling his remaining stake in December 2019.that the company was considering further layoffs of up to 5,400 people, citing a person familiar with the matter who said the plan was not yet confirmed. The layoffs could represent up to 20% of Uber's 27,000-strong workforce and could save the company up to $1 billion in expenses, according to The Information.

In recent weeks, hundreds of open jobs have disappeared from Uber's career webpage, which now shows zero open roles at the company. As the coronavirus pandemic precipitated shelter-in-place orders throughout most of the world, Uber's core ride-hailing business

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 729. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Amazon, Tesla, Uber workers criticize companies' COVID-19 response - Business InsiderAmazon employees say they're scared to go to work, but they're not alone — here are 8 big companies facing worker criticism over their coronavirus safety response
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

Amazon, Tesla, Uber workers criticize companies' COVID-19 response - Business InsiderAmazon employees say they're scared to go to work, but they're not alone — here are 8 big companies facing worker criticism over their coronavirus safety response
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

Large companies returning their small business loans amid backlash - Business InsiderPublicly traded companies are now required to return loans under the Paycheck Protection Program. Private ones like Sweetgreen are returning them too. Damn right
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

Lord & Taylor quietly deleted social accounts amid bankruptcy rumors - Business InsiderA Lord & Taylor spokesperson told Business Insider 'the company is working through various options at this time and is declining to comment.' Damn, one of my favourite follows 🥴
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »