Uber to Layoff 3,000 More Employees

May 19, 2020 3:37 am

Beijing (PingWest)—The US ride-hailing giant Uber is cutting 3,000 more jobs, CNBC reported Monday.

The latest round of layoffs is less than two weeks away from the previous round, in which more than 3,700 employees were fired.

In an email to employees Monday, CEO Dara Khosrowshahi said Uber would also be shutting or consolidating 45 offices around the world. Other unprofitable business including AI Labs, incubators, will also be canceled.

The CEO said in the internal letter that Uber’s balance sheet is strong and Uber Eats, the food delivery business, is doing great. A cost-efficient structure will be built, and the company will focus on key markets and core businesses, which include Mobility and Eats. 

"We must establish ourselves as a self-sustaining enterprise that no longer relies on new capital or investors to keep growing, expanding, and innovating," said Khosrowshahi.

Gross bookings for Uber Eats were up 50% year over year. The giant recently made a bid to buy Grubhub, a Chicago-headquartered food delivery firm, though it’s still unclear if that deal will come together. If the acquisition goes well, it will join the two largest food-delivery app services under one company.