Uber cuts 3,700 jobs, CEO foregoes salary due to uncertain pandemic impact
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Uber cuts 3,700 jobs, CEO foregoes salary due to uncertain pandemic impact

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.
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Wed, May 6 20209:27 AM EDT