The Limited Times

Now you can see non-English news...

Uber announces the reduction of another 3,000 jobs

2020-05-18T19:41:10.349Z


Uber was notorious for aggressive growth at all costs for years. The current company boss Dara Khosrowshahi has to cut thousands of jobs in the corona crisis for the second time in two weeks.


Uber was notorious for aggressive growth at all costs for years. The current company boss Dara Khosrowshahi has to cut thousands of jobs in the corona crisis for the second time in two weeks.

San Francisco (dpa) - The travel agent Uber has cut around every fourth job in the Corona crisis. The company, often referred to as taxi fright, announced on Monday that it would cut another 3,000 jobs.

Less than two weeks ago, Uber had already cut 3,700 jobs, including in customer service. Uber boss Dara Khosrowshahi said the company wanted to focus its business more on mobility and delivery services. Uber, which posted losses before the crisis, plans to cut costs by more than $ 1 billion overall.

The cuts and the focus on the core business also go hand in hand with a restructuring of the company structure. In addition to the food delivery company Uber Eats, the courier service Uber Direct and the delivery of food are also to be integrated into the new delivery services division. The area is to be managed by Pierre-Dimitri Gore-Coty, who previously headed France and Europe at Uber.

In the Mobility division, the driving services and the project for integration with public transport Uber Transit. The artificial intelligence laboratory is closed. There were no announcements on Monday about the future of expensive self-driving car technology development.

At Uber, the corona crisis is clearly putting pressure on the core business with vehicle services. In April it was 80 percent below the previous year's value. "Current business is nowhere near making up for our costs," the Wall Street Journal quoted Khosrowshahi's email to his staff. Uber has been writing losses for a long time.

At the same time, Uber recently recorded a significant increase in the delivery of meals in the Uber Eats facility. According to media reports, Uber is therefore starting to take over the food delivery service Grubhub worth billions.

Wall Street Journal report

CNBC report

Source: merkur

All news articles on 2020-05-18

You may like

News/Politics 2024-04-12T14:52:00.762Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.