Uber Cuts 3,000 More Jobs, Closes Offices in Pandemic Revamp (2)

Uber Technologies Inc. is slashing another 3,000 jobs and closing dozens of offices, the company said Monday, part of a series of dramatic moves intended to shore up a business that has been gutted by the coronavirus.

The latest round of job cuts come on top of the dismissal of 3,700 employees in customer support and human resources earlier this month. The staff reductions now represent about 25% of the total workforce. In an email to staff on Monday, Chief Executive Officer Dara Khosrowshahi stopped short of saying that the jobs would be the last of the Covid-19 casualties.

Watch: Uber Technologies Inc. eliminated an additional 3,000 jobs on Monday, is closing dozens of offices around the world and is shutting down many of its side projects in an effort to weather the coronavirus pandemic.

(Source: Bloomberg)