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 significant change did Uber CEO Dara Khosrowshahi announce regarding the company's workforce?

How did the coronavirus pandemic affect Uber's ride-sharing demand in April?

What percentage of Uber's revenue was typically generated from ride-hailing before the pandemic?

What did Khosrowshahi say about the company's recovery from the pandemic?

What is Uber's strategy moving forward in light of the pandemic's impact?