In brief: Just like many other companies, Uber announced more layoffs in an effort to keep its global operations afloat. The company will survive, but only after letting go of 3,000 more people that will now have to make do with severance packages while looking for a new employer.
Uber is laying off 3,000 employees less that two weeks after an
initial round of 3,700 to keep costs down after seeing ridership drop significantly due to lockdown measures around the globe.
At the time, CEO Dara Khosrowshahi hinted that more cost-cutting measures would follow in the near future, but he didn't go into any specific details as to what they might be. Today, Khosrowshahi sent a
letter to Uber employees in which he explained that the company will need to let go of more people and close down 45 offices around the world.
