Tag: drop

Uber axes 3,700 staff as trips drop in lockdowns

Image copyright Getty Images Uber has announced plans to cut 3,700 full-time staff – about 14% of its workforce – as business plunges following pandemic shutdowns. Chief executive Dara Khosrowshahi will also waive his base salary – set at $1m in 2019 – through to the year end. The announcements come a day ahead of the firm’s quarterly results. Even… Read more →