Uber On Wednesday, Uber confirmed that it will lay off 3,700 employees ( 14% of its workforce ). Also Dara Khosrowshahi will not take his base salary this year. During this covid crisis, Uber has been hard hit. According to a report from The Information last month, Uber global gross bookings are down by 80%. Uber's stock was down more than 2% on Wednesday. CEO, Dara Khosrowshahi said " We are looking at many scenarios and at each and every cost, both variable and fixed, across the company". "W want to be smart, to move fast, to retain as many of our great people as we can and treat everyone with dignity, support and respect. About Uber : Uber Technologies, Inc., commonly known as Uber, is an American multinational ride hailing company. Uber offer services such as peer-to-peer ride sharing, ride service hailing, food delivery and a micromobility system with electric bikes and scooters. It was founded in March 2009 by founder Garrett Camp and its
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