Uber Is Laying Off 3,000 More Employees

Uber Is Laying Off 3,000 More Employees

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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.

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