Uber to Lay Off About 14% of Its Employees

The ride-hailing industry is facing significant challenges due to the pandemic, with Uber announcing staff cuts and its CEO waiving his salary. Lyft is also laying off employees. Despite these challenges, Uber is considering a substantial investment in the electric scooter company Lime, indicating a focus on future growth.

What percentage of its staff is Uber cutting from customer support and recruiting teams?

• 20%

• 25%

• 14%

• 10%

What action did Uber's CEO take in response to the company's financial challenges?

• Hired more staff

• Waived his base salary

• Invested in new projects

• Increased his salary

How many employees did Lyft announce it would lay off?

• 1500

• 500

• 750

• 1000

What percentage decline in rides did Uber experience during the week of April 20th compared to the previous year?

• 90%

• 85%

• 70%

• 50%

What is the amount Uber is reportedly considering investing in the electric scooter rental company Lime?

• $150 million

• $100 million

• $170 million

• $200 million