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

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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

 

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