Posted on 10/20/2019 6:29:05 PM PDT by 2ndDivisionVet
Uber announced another 350 layoffs Tuesday, with most eliminated positions from the company’s extra lines of business like autonomous vehicles and Uber Eats, though some came from marketing and global operations.
The latest round is part of work that began in July with 400 layoffs, all from the marketing department, explained CEO Dara Khosrowshahi in an email to staff Monday. The CEO explained the changes are meant to "ensure we have the right people in the right roles in the right locations, and that we’re always holding ourselves accountable to top performance."
Between the July layoffs and this latest round, Uber spoke about Uber Freight at Morgan Stanley’s Laguna Conference. There, the company pledged to onboard roughly 2,000 employees in 2020 for its new headquarters in Chicago. An Uber spokesperson confirmed to Supply Chain Dive that Uber Freight is not affected by the layoffs and those plans are still in place.
(Excerpt) Read more at supplychaindive.com ...
I know nothing about the freight business, so may not be aware of how Uber drivers will deliver merchandise. Will it work like Uber drivers get called on the app? Can it work well that way, with people who own trucks instead of passenger cars to make deliveries?
Wouldn’t this cut into Teamster union truck driver employment?
I hope it’s a bright spot, because Uber has not yet become a profitable business.
If you bought Uber stock at the IPO price of $45 per share, you are far under water.
You taking a shot at Trump because of Uber’s troubles? Wow
What? I wasn’t “taking a shot” at Trump, I was marveling at all the jobs his economy has created!
Interesting... Uber Freight? Have to check into that. The Teamsters might be upset...
Meanwhile, Uber keeps hauling ‘em in from India:
Ok sorry I saw the first paragraph about layoffs
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