Uber Technologies Inc. is reportedly laying off around 200 employees who belong to the recruiting team. The termination will affect less than one percent of its workforce.
This latest job cut at Uber is said to be the latest in the recent layoffs that occurred across the company in recent months. According to The Wall Street Journal, the reduction of staff was announced on Wednesday. June 21, through a memo that was sent out to the employees.
While this only affects a very small portion of Uber’s total number of workers, it is equivalent to 35% of the entire recruiting unit. The ride-hailing and food delivery company employs about 32,000 around the world, and this figure does not even include drivers as they are not considered staff.
In any case, the decision also comes just a few months after the company’s chief executive officer, Dara Khosrowshahi, said that the management will look to performance reviews to lay off staff instead of issuing formal job terminations.
It was in February this year when the CEO declared that rather than cutting workers off, Uber will carry out even more rigorous performance reviews. She explained that through this method, they will be able to eliminate poor-performing staff, but the publication pointed out that with these layoffs, it appears that Uber is changing its course.
“With attrition being low, the size of the talent acquisition team needs to be rightsized to our hiring strategy and set the business up for ongoing success,” Nikke Krishnamurthy, Uber’s chief people officer, said in the memo that was read by TWSJ.
Reuters reported that the ride-share company also terminated 150 workers in its freight services unit earlier this year. Meanwhile, its rival, Lyft, also implemented job cuts but were significantly smaller compared to Uber. Under its new chief, David Risher, it only laid about 26% of its total workforce this year.
Photo by: Viktor Avdeev/Unsplash


Oman Proposes Strait of Hormuz Plan as U.S., Iran Remain Divided Over Shipping Fees
Trump-Backed Russia Sanctions Bill Faces House Hurdles Over Tariff Powers
US Stock Futures Rise as Amazon Earnings Boost AI Optimism Despite Apple Selloff
Fed Holds Rates Steady as US Dollar Slides, Euro and Yen Gain
Meta-backed research finds exposure to ‘untrustworthy’ social media is rare. The fine print is less reassuring
South Korea’s KOSPI Soars as Samsung, SK Hynix Rebound on Microsoft-Fueled AI Rally
Samsung Q2 Profit Surges on AI Memory Chip Demand, Forecasts Strong Second Half
Same sparkle, different story: how lab-grown diamonds are transforming the market
Robinhood Q2 Earnings Beat Estimates, But HOOD Stock Falls as Investors Question Profit Quality
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9%
Gold Price Holds Near $4,025 Ahead of Fed Decision as Middle East Tensions Lift Oil
Hong Kong Home Prices Extend Winning Streak With 13th Straight Monthly Gain in June
World game at war: why some European nations have threatened a World Cup boycott
Tesla Weighs China Business Separation Amid SpaceX Merger Speculation
Asian Currencies Hold Steady After Fed Decision as Dollar Finds Support
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 



