Layoffs

A bumpy ride to profitability: Uber lays off 350 staff in latest cuts

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Uber Technologies Inc. has laid off about 350 employees as part of its ongoing effort to curb its losses, which reached a record $5.2 billion last quarter. The cuts, announced Monday, represent the third and final round of staff reductions made under a restructuring initiative the company launched earlier this year. Uber previously laid off […]

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eBay’s Stock Takes Massive Tumble, Company Axes 300 Employees

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This is not a good week for eBay. The company’s stocks took a massive tumble a day after revealing that it was slashing about 300 jobs in the Bay Area. eBay informed the Employment Development Department of California of its move to cut about 300 jobs in the area by Friday, July 20. The affected

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