TransportationUS

Uber Layoffs

May 2020

Uber announced a layoff affecting 3,700 employees (14% of its workforce) in May 2020. The company operates in the Transportation sector.

People Affected

3,700

Percentage

14%

Announced Date

May 6, 2020

About

Uber, the global ridesharing and mobility platform, laid off 3,700 employees last Wednesday, representing 14% of its workforce. The cuts primarily impacted the customer support and recruiting teams. In a letter to staff, the CEO indicated that further layoffs are expected in the coming week, potentially affecting engineering and product departments. Reports suggest the total number of job cuts could eventually reach between 5,400 and 6,700. Additionally, Uber's subsidiary Jump is reportedly cutting 400-500 employees as it is being offloaded to Lime, following Uber's investment in the electric scooter company.