Ride hailing company Uber is cutting even more jobs. The Wall Street Journal has reported that the company is slashing 3,000 more jobs. According to CNBC confirmation, the new job cuts come less than two weeks after an initial round of layoffs. The last round was on May 6th and affected 3,700 employees of the … Continue reading “Uber Announces More Job Cuts”
Tag: Uber
Company News
Uber is Slashing 14% of its Workforce While CEO Forgoes Salary
Wall Street learned on Wednesday that ride hailing company Uber is going to be laying…
May 6, 2020
Company News
Uber is Fully Aware of the Impact of the Coronavirus on its Business
When you think about being an enclosed place like a car, you hope that nobody…
March 3, 2020
Hot Stocks
Uber Has Sold its India Food Delivery Business to a Rival
Uber announced this week that it has sold its food delivery business in India to…
January 20, 2020
Uber Co-Founder Travis Kalanick Severs His Ties From Company
Uber's co-founder Travis Kalanick is severing his last ties to the company when he steps…
December 25, 2019
Hot Stocks
Uber Reports Quarterly Loss of Over $1 Billion in Latest Quarter
Ride hailing giant Uber reported its third quarter financial results this week that beat estimates…
November 5, 2019
Hot Stocks
Uber Aims to Start Delivering Medicine to To Patients who Lack Access
Uber is hoping to do something pretty notable. A company which started as a ride…
October 8, 2019
Hot Stocks
Ex-Google Engineer is Being Charged with Taking Secrets Over This
Ex-Google engineer Anthony Levandowski is in big trouble. The former employee is being charged with…
August 28, 2019
Hot Stocks
Colombia Fines Uber For Obstructing a Regulatory Visit
Wall Street learned this week that Colombia's commerce regulator said it would fine Uber over…
August 12, 2019
Hot Stocks
Uber Shares Collapse After Disappointing Second Quarter
Shares of ride hailing company Uber were falling dramatically on Thursday after the company reported…
August 9, 2019
Hot Stocks
Uber Fires Many Employees in its Marketing Department
This week Wall Street learned that Uber has let go of about one third of…
July 31, 2019
Hot Stocks
Analysts are Supporting Uber Despite a Rocky IPO
Many analysts have a "buy" rating on ride hailing company Uber and out of 25…
June 4, 2019
Hot Stocks
Uber Ends First Day of Trading On Bad Note
Well Uber's debut in the stock market came and went and the result was not…
May 14, 2019
Uber is Pricing its IPO At This Price
It's almost here. One of the most awaited IPO's ever in stock market history is…
April 25, 2019