Uber to lay off 3,700 employees, about 14% of workforce
Updated : May 07, 2020 06:17 AM IST
Uber will lay off 3,700 employees, the company announced in a filing with the Securities and Exchange Commission Wednesday.
The cuts to its customer support and recruiting teams represent about 14% of its 26,900 employees, based on Uber’s most recent headcount.
CEO Dara Khosrowshahi will also forgo his base salary for the rest of the year, which was $1 million in 2019.