Uber Is Laying Off 3,000 More Employees

Uber CEO Dara Khosrowshahi announced the closure of 45 offices due to the COVID-19 pandemic, which caused an 80% drop in ride-share demand. Despite increased Uber Eats orders, the company faces financial challenges, leading to 3,700 job cuts and additional layoffs, affecting 25% of its workforce. Uber plans to focus on its core ride-hailing and food delivery services, stepping back from non-core projects like self-driving technology.

What percentage drop did Uber experience in global ride-sharing demand in April compared to the previous year?

• 80%

• 50%

• 90%

• 60%

What percentage of Uber's revenue is typically generated from ride-hailing?

• 80%

• 50%

• 60%

• 75%

How many jobs did Uber cut at the beginning of the month to save costs?

• 5,000

• 3,700

• 2,500

• 1,000

What percentage of Uber's workforce was affected by the layoffs?

• 20%

• 25%

• 10%

• 15%

Which non-core projects is Uber stepping back from?

• Marketing campaigns

• Self-driving technology

• Ride-hailing

• Food delivery