Uber to lay off 3,000 workers in second cut for May, trip requests drop 80%

Topics uber inc | layoff | Coronavirus

Uber Technologies Inc will cut about 3,000 jobs, in addition to the 3,700 it had announced earlier this month, as coronavirus-led restrictions sap demand for ride-hailing services, Chief Executive Officer Dara Khosrowshahi said in an email to employees on Monday.

The ride-hailing business has suffered a near-total collapse as large parts of the United States and the rest of the world shut to combat the spread of the virus. Nearly two-thirds of Uber's revenue is generated in the United States and Canada, where stay-at-home.....

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