City
Epaper

Uber to lay off 200 employees in recruitment division

By Lokmat English Desk | Updated: June 22, 2023 10:48 IST

Uber Technologies on Wednesday said that the company was laying off 200 employees in its recruitment division amid plans ...

Open in App

Uber Technologies on Wednesday said that the company was laying off 200 employees in its recruitment division amid plans to keep the staff count flat through the year and streamline costs, according to a report published by Reuters. The reductions affect less than 1% of Uber's 32,700-strong global workforce and follow the ride-share company laying off 150 employees in its freight services division earlier this year.

The latest cuts account for 35% of Uber's recruiting team, according to the Wall Street Journal, which first reported the development earlier in the day. Uber trimmed its staff count by 17% at the start of the pandemic in mid-2020 and has implemented smaller cuts than chief rival Lyft in recent months.In May, Uber said that it was on track to post operating income profitability this year and that it was keeping its workforce flat after headcount fell sequentially in the March quarter.

Tags: UberJob CutsJob news
Open in App

Related Stories

Technology'Today Is Your Last Working Day': Oracle Lays Off 30,000 Employees in Single 6 am Email, 12,000 From India

Navi MumbaiMumbai Crime: Cab Driver Assaulted, Robbed of Rs 62,000 by Fake Passengers on Panvel Trip

MumbaiDiscount On Mumbai Metro Ticket Booking? Uber Integration Brings Seamless Travel via ONDC

MaharashtraMaharashtra: 930 Bike Taxis Penalised, Rs 23.92 Lakh Collected After Licence Cancellation

BusinessOracle Layoffs: Company May Cut Up to 30,000 Jobs Amid AI Data Centre Spending Crunch

Business Realted Stories

BusinessMinistry of Social Justice clocks highest-ever Rs 11,810 crore expenditure in FY26

BusinessNitin Gadkari announces highway projects worth over Rs 3,000 crore for five states

BusinessAndhra Minister Nara Lokesh credits Kumaraswamy for Vizag Steel revival​

Business17 Indian-flagged vessels remain in western Persian Gulf: Centre

Business3700 raids conducted across country to wipe out LPG black marketing, says government