Uber lays off 350 employees in Eats, autonomous vehicles

Credit: CC0 Public Domain

Uber is laying off 350 employees from its food delivery, autonomous vehicles, safety, insurance and other teams.

The move is the latest in a string of staff reductions at the ride-hailing giant since its ill-fated initial public offering.

CEO Dara Khosrowshahi said in an to employees Monday that it would be the last wave of the layoff process which began months ago.

Uber laid off 435 employees on its product and engineering teams in September. In July, 400 employees in the lost their jobs.

Khosrowshahi said everyone has to play a part in establishing a new normal, by identifying and eliminating duplicate work and taking actions when expectations aren't being met.

Uber's stock was up 4% in afternoon trading.

© 2019 The Associated Press. All rights reserved.

Citation: Uber lays off 350 employees in Eats, autonomous vehicles (2019, October 14) retrieved 4 June 2023 from https://techxplore.com/news/2019-10-uber-employees-autonomous-vehicles.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.

Explore further

Uber trims more staff as it seeks a route to profit


Feedback to editors