Forum Overview
::
Wall Street Kid
::
I have heard stories that Uber workers were really cocky.
[quote name="Ichabod"][quote name="blackwater"]<a href=http://archive.is/OOuRC>Another round.</a> [quote] Uber Technologies Inc. is cutting several thousand additional jobs, closing more than three dozen offices and re-evaluating big bets in areas ranging from freight to self-driving technology as Chief Executive Dara Khosrowshahi attempts to steer the ride-hailing giant through the coronavirus pandemic. Mr. Khosrowshahi announced the plans in an email to staff Monday, less than two weeks after the company said it would eliminate about 3,700 jobs and planned to save more than $1 billion in fixed costs. Monday’s decision to close 45 offices and lay off some additional 3,000 people means Uber is shedding roughly a quarter of its workforce in under a month. Drivers aren’t classified as employees, so they aren’t included. Stay-at-home orders have ravaged Uber’s core ride-hailing business, which accounted for three-quarters of the company’s revenue before the pandemic struck. [/quote][/quote] They couldn't go two months. Wow. Two months and 99% of the people who have worked for Uber are independent contractors they owed nothing to and they couldn't do it. Fantastic upper management. [/quote]