By on May 19, 2020

Uber Technologies eliminated an additional 3,000 jobs on Monday, closing offices around the world as certain regions revealed less growth than the outfit had hoped for. We covered the ride-hailing firm’s financial situation last week, as reports circulated that it wanted to drop a few billion to acquire Grubhub and enhance its own food-delivery service in the wake of the coronavirus pandemic.

At the time, the firm had already cut 3,700 jobs pertaining to customer support and human resources. Even in the absence of people shunning shared transportation and local governments forcing citizens to stay indoors, Uber’s preexisting inability to turn a profit would probably have forced the company to restructure eventually. The pandemic pinned the accelerator to the floor mat, however, likely forcing additional cuts by the company’s own admission. Considering Uber has already axed about a quarter of its global workforce, it’s probably time to place it on death watch.  (Read More…)

Recent Comments

  • JaySeis: Despite all the various trucks we had (1/2, 3/4, 1, 1.5, 2 ton) the go to rigs for parts runs or whatever...
  • Jeff S: @EBFlex–Don’t like big vehicles and I have been driving for over 50 years. I have driven full...
  • JD-Shifty: well, if you buy a ridgeline you’d be getting something that would still be worth something in 100k...
  • Jacob: All that stuff in the truck bed fits in my Honda Pilot just fine with the third row seat folded. With second...
  • ToolGuy: “much better than the horror show that the Camaro is now” Will no one rise to defend the...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber