Uber plans no layoffs – CEO

DAVOS, Switzerland: Experience-hailing large Uber shouldn’t be planning any company-wide layoffs, the US agency’s boss stated on Thursday (Friday in Manila), bucking the downsizing development within the tech sector.

In line with the corporate’s newest quarterly report, Uber employed round 32,600 drivers worldwide on the finish of September.

“We’re not at present planning any company-wide layoffs,” Uber CEO Dara Khosrowshahi stated at a Wall Avenue Journal occasion on the sidelines of the World Financial Discussion board in Davos, Switzerland.

Microsoft stated Wednesday it might lay off 10,000 workers within the coming months because the financial downturn punishes US tech giants.

Fb house owners Meta, Amazon, Twitter and Salesforce have additionally introduced 1000’s of layoffs.

Get the newest information

delivered to your inbox

Join the Manila Occasions day by day e-newsletter

By signing up with an e mail deal with, I verify that I’ve learn and conform to it Phrases of Use and Privateness Coverage.

The layoffs comply with a serious hiring frenzy throughout the top of the coronavirus pandemic, as firms struggled to fulfill demand as folks went on-line to work, store and entertain.

Khosrowshahi stated his job is to make “shifts” inside the firm, however “the core enterprise and core workforce … are effectively balanced and effectively positioned for the longer term.

“Clearly I hope it stays that means. But it surely’s a dynamic setting and we’ll adapt fairly rapidly.”

Khosrowshahi stated Uber is working with varied automakers to design automobiles constructed particularly for its ride-hailing and supply providers.

He declined to call the businesses.