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Uber, which has underperformed in the market since going public, sent 400 members of its marketing team packing in July. They were joined by a combined 435 product and engineering staffers who were downsized in September. Including the 350 employees euphemistically axed from divisions such as self-driving tech, marketing, and recruiting today, Uber has let go a little more than 4 percent of its global workforce. In his note聽obtained by CNBC, Khosrowshahi describes these 350 departing employees as the last wave of layoffs
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stanley termoska kers as dead weight, rather than human sacrifices so the perennially money-losing operation can seem like a sounder investment a tactic which unfortunately seems to work more often than not, at least in the short term . We all have to play a part by establishing a new normal in how we work, the letter reads, identifying and eliminating duplicate work, upholding high standards for performance, giving direct feedback and taking action when expectations arent being met, and eliminating the bureaucracy that tends to creep as companies grow. Uber Eats鈥攖he companys restaurant delivery side鈥攕aw layoffs in this allegedly final push to reduce staffing overhead, an unusual move as last week it announced moves to acquire a majority stake in grocery delivery start-up Cornershop. Weve reached out to Uber for comment and will update if
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The Lyrids are a spring meteor shower made up of debris from Comet Thatcher falling dramatically! through our atmosphere. Although the meteors themselves are individually bright and lovely, the Lyrids as a whole are a lit
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