Uber Makes Further Cuts to Its Staff as Losses Pile Up
Uber Technologies Inc. is dismissing 435 employees, the second major staff cut this summer, as the company faces mounting losses and a declining stock price. The eliminated jobs are in the product and engineering divisions, representing about 8% of those groups. Uber said it was firing about 400 marketing employees, about a third of that department, in July.
Suggested topics to explore: