Uber Technologies (UBER.N) announced on Wednesday that it was slashing 200 jobs in its recruitment division to maintain staffing levels and decrease costs.
The reductions affect less than 1% of Uber’s 32,700 global staff and follow the ride-share company’s 150 freight services layoffs earlier this year.
According to the Wall Street Journal, 35% of Uber’s recruiting crew was slashed.
At the onset of the pandemic in mid-2020, Uber cut its employees by 17%, but it has cut less than Lyft (LYFT.O).
Under new CEO David Risher, Lyft laid off 26% of its personnel in April and 700 people late last year as it tried to gain market share from Uber.
After headcount declined sequentially in the March quarter, Uber said in May it was on track to reach operating income profitability this year and was maintaining its workforce unchanged.
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