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Wednesday, May 6, 2020

Uber to lay off 3,700 workers and CEO to waive salary


NEW YORK (AP) — Uber is cutting 3,700 full-time workers and its CEO will give up his base salary with the nation largely still in lockdown. The San Francisco company said Wednesday that the layoffs and related costs like severance will reach about $20 million. Uber Technologies Inc. had already imposed a hiring freeze and […]

source https://www.seattletimes.com/business/uber-to-lay-off-3700-workers-and-ceo-to-waive-salary/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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