Final Up to date: June 22, 2023, 15:18 IST
United States of America (USA)
(Reuters) – Uber Applied sciences mentioned on Wednesday it was chopping 200 jobs in its recruitment division amid plans to maintain the employees rely flat by way of the yr and streamline prices.
The reductions have an effect on lower than 1% of Uber’s 32,700-strong world workforce and comply with the ride-share firm shedding 150 staff in its freight companies division earlier this yr.
The most recent cuts account for 35% of Uber’s recruiting group, based on the Wall Road Journal, which first reported the event earlier within the day.
Uber trimmed its employees rely by 17% at the beginning of the pandemic in mid-2020 and has applied smaller cuts than chief rival Lyft in current months.
Lyft, beneath new CEO David Risher, laid off roughly 26% of its complete workforce in April and about 700 staff late final yr, because it struggled to guard margins within the race to seize extra market share from larger rival Uber.
Uber mentioned in Might it was on observe to submit working revenue profitability this yr and that it was retaining its workforce flat after headcount fell sequentially within the March quarter.
(This story has not been edited by News18 employees and is printed from a syndicated information company feed – Reuters)