On Monday, Uber CEO Dara Khosrowshahi stated in an email; that Uber would lay off roughly 350 more workers because of the “last wave of a process” to streamline the company. The company confirmed to the news channel
Uber announced layoffs for a couple of third of its global marketing department in July 400 employees out of a 1,200-person team.
Khosrowshahi stated in the email that Days like present today are tough for them. He will do everything they have to make sure that won’t need or have another day like this forward of them,” posted by newspaper. All of them need to play a part by establishing a new normal in how they work: identifying and excluding duplicate work, supporting high standards for performance, giving feedback and taking action when expectations are not being met, and eliminating the bureaucracy that tends to creep as companies grow.
Almost every department of Uber has been affected by layoffs, based on newspaper. Nearly 70% of the workers laid off within the “last wave” are in the U.S. and Canada.
When Uber went public this year, it paid the select driver a pleasant part of the change in the company known as “driver appreciation award.” That perk penalized the ride-sharing giant within the second quarter as the company posted a whopping $5.24 billion loss, more than anticipated.
Meanwhile, Uber has hung out the assistance needed signal within the Windy City.
The company plans to start a new office in Chicago and add around 2,000 people to its area workforce across the next three years.
The office will officially house the company’s freight business and an associated engineering hub.
Uber already has about 1,300 employees in Chicago, some with the ride-hailing unit; however, most working on Freight.