trending Market Intelligence /marketintelligence/en/news-insights/trending/rxLgUgi8HvF9mYcOU7PqQg2 content esgSubNav
In This List

Uber cuts 350 jobs

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

The Future of Risk Management Digitization in Credit Risk Management

Blog

Climate Credit Analytics: Diving into the model


Uber cuts 350 jobs

Uber Technologies Inc. has cut about 350 jobs, CNBC reported Oct. 14, citing CEO Dara Khosrowshahi's internal email to employees.

The layoffs reportedly affect multiple divisions, including Uber Eats, performance marketing segment, advanced technologies group, global rides and platform units.

Uber did not immediately respond to S&P Global Market Intelligence's request for comment.

The layoffs are the final phase of the process that began earlier this year, according to the email cited by CNBC.

Uber cut about 400 jobs in July, followed by another 435 layoffs in September.

As of 3:18 p.m. ET, Uber shares were up 4.02%, trading at $31.34.