Categories: Business

Uber lays off 3000 more employee due to corona crisis

Photo: AP

uber job cut plan

new Delhi. Uber has said that the company is cutting more than 3 thousand jobs amid the outbreak of the coronavirus epidemic. The news agency Xinhua quoted a letter to employees on Monday by Uber CEO Dara Khosrowshahi, saying the company had made the incredibly difficult decision to reduce the workforce, including reducing investment in several non-core projects. The company is cutting more than 3 thousand jobs. "

The San Francisco-based ride-healing company also announced a 25 percent salary cut of its workforce earlier this month, along with an announcement to cut 3,700 jobs. Uber is also closing 45 offices globally. It also includes its Pier 70 office in San Francisco with experimental projects such as self-driving cars.

According to the company, in the next 12 months the company will begin the process of relocating its Asia-Pacific headquarters from Singapore to a new location. This headquarters will go to the market where we will operate our services. The company said that Uber would reduce costs by more than 1 billion (one billion) US dollars a year from these actions.

This post was published on May 19, 2020 11:44 am

Content Team

Recent Posts

Diesel prices rise once again, petrol continues to stabilize

Photo: GOOGLE diesel price increse today new Delhi. Diesel prices registered an increase again on Wednesday after a day's pause,…

Former RBI Governor Raghuram Rajan expressed apprehension of increasing NPA, D Subbarao gave this suggestion to the government

Photo: GOOGLE NPAs may witness unprecedented increase in 6 months, says Raghuram Rajan new Delhi. Former Reserve Bank Governor Raghuram…

wipro q1 consolidated net profit flat at Rs 2390 crore

Photo: WIPRO Wipro q1 result new Delhi. Consolidated Net Profit of information technology company Wipro grew marginally to Rs 2,390.4…