Layoffs at Uber

Transportation network company Uber Technologies will reportedly lay off 200 employees from its recruiting team due to cost savings. The company said in a note to its employees that the layoffs of 200 employees would save costs amid tough economic conditions. The news reported that the layoffs, which will affect 35 percent of Uber’s recruiting team, represent less than 1 percent of its total employees, and drew attention to the fact that the company has laid off hundreds more people this year, largely in its transportation unit and overseas food distribution operations. The news noted that the company has more than 32,000 employees worldwide, and that Uber drivers are not included in the number of employees. The news also included statements from Nikki Krishnamurthy, one of the company’s top executives, in the note sent to employees, stating that Krishnamurthy said Uber was not planning any general layoffs and that the latest layoffs would mostly affect positions based in the U.S. Lyft had also announced layoffs Uber’s ridesharing rival Lyft had also announced that it would lay off 30 percent of its employees in recent months. Grubhub, which provides online food ordering and delivery services to users and restaurants in the US, also announced in early June that it would lay off approximately 15 percent of its employees in order to reduce costs. Leading technology companies in the US, including Meta, Amazon, Microsoft and Google parent Alphabet, have also cut back on their staff.