Uber fires 435 workers to face losses
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Uber's financial situation has not been the best for a long time. For this reason, the firm already announced a round of layoffs months ago, in order to reduce costs, which we already told you about. Now it is the turn of a new round of layoffs by the firm, which is going to lay off a total of 435 employees. Another cut of personnel to save costs.
Uber fires 435 workers to face losses
This time it is the engineering department that is affected by these layoffs. A department in charge of the current platform, making it a potentially controversial decision.
New layoffs
Uber has to cut a significant part of its workforce. Although the firm encounters a notable problem, since over the years they have been overcrowded. For this reason, despite the layoffs of these months, the firm has only laid off 3% of its workforce. So it would not be strange that in these following months we find more layoffs.
The company has spoken on more than one occasion about its problems. The need to become a company that generates profits is urgent, and this is one of the best methods used in companies.
We will be attentive to the situation of Uber in the coming months. Since the company is likely to work in new rounds of layoffs on its staff, which often affect employees around the world. It is unknown how many people will be fired in total in future rounds.
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