Uber cuts about 14% of its 26.9 thousand full-time employees
Uber Technologies, an online taxi and food delivery service, plans to reduce the customer support department’s 3.7 thousand employees and recruitment specialists due to a significant drop in passenger traffic due to the COVID-19 coronavirus epidemic.
Around 14% of the 26.9 thousand full-time Uber employees were laid off. The company expects the costs associated with severance pay and other forms of payment to be approximately $ 20 million, the company said in a document submitted by Uber to the US Securities and Exchange Commission.
In addition, the company’s chief executive officer Dara Khosrowshahi plans to leave base pay before the end of this year. In 2019, his base salary was $ 1 million, which was 2.4% of the total remuneration of that year at $ 42.4 million.
Uber has already withdrawn its revenue and profit forecasts for 2020 at the end of April. Uber shares were up 3.2% during the auction on Wednesday.
The reference PAYSPACE magazine
Recall that since April, Shuttle Hero has been operating in Kiev – a free service based on Uber shuttle technologies. It is available to all holders of “special public transport tickets”, which are essential to employees of the city’s critical infrastructure.
Shuttle Heroes services in Kiev can be used free of charge in collaboration with medical personnel for whom the service was first started:
- Social Worker;
- Business worker;
- Employees of the State Emergency Situation Service of Ukraine;
- Employees of “Kievvodokanal” and “Kievteploenergo”;
- Representative of the District State Administration of Kiev;
- Media representative;
Read: Uber Eats leaves 8 countries: Ukraine is on the list.