Uber Reportedly Is Considering Cutting Up to 20% of Jobs [TheStreet.com]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: TheStreet.com
Executives at Uber Technologies(UBERGet ReportThe layoffs could be announced in stages in the coming weeks. The cuts haven’t been finalized, according to The Information.The layoffs could amount to 5,400 of Uber’s 27,000 employees losing their jobs, the report said.An Uber spokesman declined to comment to Bloomberg on the possible job cuts.“As you would expect, the company is looking at every possible scenario to ensure we get to the other side of this crisis in a stronger position than ever,” the spokesman said.Uber trimmed more than 1,100 jobs last year.Separately, Uber Chief Technology Officer Thuan Pham, who has served as an executive at the company for seven years and is its longest-serving senior executive, has resigned.Pham, the Information said, notified managers who report to him of his plan to leave. Uber's 3,800-person Uber engineering group could be slashed by nearly 800 people in the coming weeks under the proposed job cuts, the report said.The Uber spokesman told Bloombe
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UBER
Earnings
- 11/4/25 - Beat
UBER
Sec Filings
- 1/13/26 - Form 4
- 1/13/26 - Form 4
- 1/13/26 - Form 4
- UBER's page on the SEC website