Covid-19: Uber laying off its employees as the ongoing pandemic continues its negative impact on businesses

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Uber is laying off its employees as the ongoing pandemic continues its negative impact on businesses.⠀

The company said that it is cutting about 3,700 full time roles or roughly 14% of its staff on the company’s customer support and recruiting teams in response to the reduced volume of ride requests and the company’s hiring freeze.⠀

The CEO; Dara Khosrowshahi will waive his base salary for the rest of the year.⠀

This Uber announcement comes a week after its business rival Lyft said it would be cutting 1000 staffers and furloughing hundreds more as it also grapples with the impact of the ongoing pandemic on people using its ride-hailing services.⠀


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