Uber cuts 3,000 more jobs; shuts down offices.

Demand for rides have fallen more than 80%.


Alfred Lee

19 May, 2020

Uber cuts 3,000 more jobs; shuts down offices. | BEAMSTART News

- From our Sponsors -

Uber is laying off another 3,000 employees as the company's revenue continues falling due to the devastating effects of the pandemic.

The company mentions that demand for rides have plummeted more than 80% in April, as more people are staying indoors.

Just 2 weeks ago, Uber slashed 3,700 jobs, stating that this could save the company over $1 billion in costs this year.

Lyft, another ride-hailing competitor, had also laid off close to a thousand people in April.

Uber's current CEO, Dara Khosrowshahi.

Moving forward, Uber will focus more on strengthening their core-offerings, which is ride-hailing and food-delivery.

The company is also shutting down / consolidating its 45 offices across the world, as well as liquidating various assets/ventures they own.

Despite the setbacks, Uber Eats has seen tremendous growth in the recent weeks, as more people are relying on food delivery apps to order their meals from home. 

Talks to acquire food delivery rival, GrubHub, are also in motion, which could make Uber the largest food delivery platform in the U.S.

- From our Sponsors -

Latest Jobs

Backend Engineer

Nira Energy

United States

Full Time

USD 150000 — USD 200000 yearly

Technical Success Manager

Spruce Systems, Inc.

New York, United States

Full Time

Salary Undisclosed

Founding Engineer at Type

Type

United States

Full Time

USD 125000 — USD 250000 yearly

Marketing Coordinator

Mentorcam

Los Angeles, CA, United States

Full Time

USD 65000 — USD 80000 yearly

Head of Partnerships

Nourish

San Francisco, United States

Full Time

USD 110000 — USD 160000 yearly

Data & Analytics

OneSignal

San Mateo, CA, United States

Full Time

USD 140000 — USD 200000 yearly

Director of Institutional Giving

New Story

Mexico City, Mexico, United States

Full Time

USD 130000 — USD 150000 yearly

Engineering Manager - Apps

Substack

San Francisco, United States

Full Time

USD 195000 — USD 225000 yearly

Business Operations Analyst

RevenueCat

San Francisco, United States

Full Time

USD 110000 yearly

Infrastructure Software Engineer

Y Combinator

Mountain View, United States

Full Time

USD 130000 — USD 270000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2023 BEAMSTART. All Rights Reserved (Legal).