Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 19, 2023

Davos 2023: Uber Not Planning Any Mass Layoffs - CEO Dara Khosrowshahi

Uber has worked to cut costs for months, early enough relative to others that a memo the CEO wrote on this tougher stance "landed a bit like a lead balloon initially," Dara Khosrowshahi saidon the sidelines of the World Economic Forum's annual meeting.

Davos 2023: Uber Not Planning Any Mass Layoffs - CEO Dara Khosrowshahi
Dara Khosrowshahi was talking at a Wall Street Journal event at the Davos annual summit. (File)
Davos:

Uber Chief Executive Dara Khosrowshahi said in Davos on Thursday that he was not currently planning any company-wide layoffs.

The rideshare and delivery company has worked to cut costs for months, early enough relative to others that a memo the CEO wrote on this tougher stance "landed a bit like a lead balloon initially," Dara Khosrowshahi said at a Wall Street Journal event on the sidelines of the World Economic Forum's annual meeting.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com