ArdorComm Media Group

Uber Cuts 200 Jobs in Recruitment Division to Streamline Operations and Reduce Costs

Uber Technologies has announced plans to lay off 200 employees from its recruitment division as part of its efforts to maintain a stable workforce and streamline costs. This reduction represents less than 1% of Uber’s global staff, which currently stands at 32,700 employees.

The company had previously laid off 150 employees from its freight services division earlier this year. The latest cuts specifically target 35% of Uber’s recruiting team, as reported by the Wall Street Journal.

During the onset of the pandemic in mid-2020, Uber had reduced its workforce by 17%. However, compared to its chief rival Lyft, Uber has implemented smaller-scale cuts in recent months. Lyft, led by new CEO David Risher, had previously let go of approximately 26% of its workforce in April and around 700 employees late last year. These measures were taken in an attempt to safeguard profit margins and compete with Uber, which holds a larger market share.

Uber had previously stated its intention to achieve operating income profitability in the current year and maintain a steady headcount, following a sequential decline in employee numbers in the first quarter of this year.

0 0 votes
Article Rating
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments