Uber is laying off 3,700, as rides plummet due to COVID-19

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Uber is laying off 3,700, as rides plummet due to COVID-19
In an SEC filing dating back to last week, Uber disclosed that plans to layoff 3,700 employees. The figure amounts to around 14% percent of the ride hailing giant’s total workforce. In the document, the company states that the job loss is part of a planned reduction in operating expenses, “in re…
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