And similar to the decision to lay off the new batch of employees, Uber will also shut down 45 representative offices for its services that are still being tested and which do not, of course, represent an active service center, according to a Wall Street report.
While the announcement of the latest actions came via e-mail, which was sent by the CEO of Uber Dara Khusrawshahi to his staff, indicating the new changes that will occur in the company strategy after the big loss it received during the first quarter of the year due to the viral reward Covid-19.
The financial results for the first quarter of the year 2020 came with financial losses incurred by the company which is the largest compared to the past three years for the same period; Where the loss amounted to $ 2.9 billion due to the decline in the movements and activities of users and Uber customers in light of the great restrictions imposed by countries to confront Corona.
As for the suffering of the service companies in general and the participatory transport market, Uber is not the only one of the major companies that were hit by the Corona storm. Lyft company also laid off 1,000 employees, or about 17% of its total workforce, while Airbnb sacked 25% of Total staff.
Uber announces suspension of food delivery service “Uber Eats” in Saudi Arabia and Egypt
Source: Technology World