UBER announced today what was predicted a week or so ago, to be more precise, it is laying off several thousand people from various areas around the world, a total of 14% of the current number of employees. We are talking about 3700 UBER employees who will be fired by the company, saying that due to the economic situation created by the Coronavirus pandemic, it is forced to let go of some of its employees.
UBER made the disclosure in a statement submitted to the American authorities, and the number of employees chosen by the company for dismissal was not chosen randomly, the money saved will help the company to have a good year 2020. The decision comes after more than a months ago, the CEO of UBER declared that there are many billions of dollars that can be used to keep the company in operation until at least the end of 2020.
UBER: Layoffs of THOUSANDS of Employees Announced by the Company Today
UBER mentions in the statement submitted to the American authorities the fact that the number of races has decreased significantly due to the Corona virus pandemic in recent weeks, and the receipts have decreased along with them. We already knew for some time that the number of rides recorded by UBER is in a very large decrease, which was to be expected since a lot of travel restrictions were imposed for the citizens of many countries.
“With people traveling less, the unfortunate reality is that there is not enough work for many of our customer support staff. Because we don't know how long a recovery will take, we are taking steps to align our costs with the size of our business today. This was a difficult decision, but it is the right one to protect the long-term health of the company and ensure we emerge from this crisis stronger."
UBER he has not yet detailed how many employees and from which countries they will be fired, but it will not be about drivers because they work as partners with the American company now. This means that only essential employees of those from UBER will lose their jobs in the next period, the company trying to reorganize in order to manage its costs much more efficiently in this complicated period that it is going through now.
UBER did not announce other measures due to the Coronavirus pandemic, but it is expected that in the next period we will see other decisions taken by the company to protect itself.
