News > Uber CEO says there will be no job cuts, company in a good place
Uber CEO says there will be no job cuts, company in a good place
03/12/2022 10:37 PM | Click to read full article
Uber Technologies Inc isn’t considering cutting jobs even as competitors from DoorDash Inc to Lyft Inc slash staff to deal with an uncertain economic outlook, Chief Executive Officer Dara Khosrowshahi said Thursday. His comments stood out among tech peers that have cut staff by the thousands. Uber’s rival Lyft said last month it would reduce headcount by 13% and hive off its first-party vehicle business. Food-delivery giant DoorDash announced it would cut 1,250 jobs to rein in expenses.
