BREAKING: Uber will cut about 3,000 more jobs, will close more than three dozen offices, and is exploring selling some non-core businesses

[tacobell fan]

Uber is cutting 3,000 more jobs less than two weeks after an initial round of layoffs, CNBC confirmed Monday.

[dasara_bullodu1]

it's a business model bound to doom since 1-2 yrs ...

[tacobell fan]

5 minutes ago, dasara_bullodu1 said:

it's a business model bound to doom since 1-2 yrs ...

local taxis died already, hard to compete

[dasara_bullodu1]

Just now, tacobell fan said:

local taxis died already, hard to compete

corona killed uber

but even before that how many people need so much money that they have to drive and do other jobs ?

 

[tacobell fan]

Just now, dasara_bullodu1 said:

corona killed uber

but even before that how many people need so much money that they have to drive and do other jobs ?

 

Agreed. Maybe matter of time that local companies will over turn when you don't see income. Uber killed lot of unnamed brands across cities. 

[Vaampire]

This is what happens when u overvalue the company and burn cash like anything

[snoww]

Business travel needs to recover for uber to recover. 

But since remote working culture working now,many of those business trips might not even happen in future. 

[tacobell fan]

2 minutes ago, snoww said:

Business travel needs to recover for uber to recover. 

But since remote working culture working now,many of those business trips might not even happen in future. 

Immigration + Investment = deadly combo uncle nuvvu 

[Tellugodu]

1 hour ago, tacobell fan said:

Uber is cutting 3,000 more jobs less than two weeks after an initial round of layoffs, CNBC confirmed Monday.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Enta mandi uncles ki bokka??