Uber Eats and the company's Advanced Technologies Group were among the targeted business groups this time.
Uber commenced a third round of layoffs on Monday, TechCrunch's Megan Rose Dickey first reported. Roughly 350 employees in Uber Eats, ATG, and product roles were let go, according to an email from CEO Dara Khosrowshahi published by the news site. Uber has been under tremendous pressure to cut costs and turn a profit as its stock price has plummeted since the company's May IPO. Visit Business Insider's homepage for more stories.
Uber commenced a third round of layoffs on Monday, TechCrunch's Megan Rose Dickey first reported. Roughly 350 employees in Uber Eats, ATG, and product roles were let go, according to an email from CEO Dara Khosrowshahi published by the news site. Uber has been under tremendous pressure to cut costs and turn a profit as its stock price has plummeted since the company's May IPO. Visit Business Insider's homepage for more stories.
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