Uber confirms it will lay off thousands more employees and close 40 offices in order to further cut costs (UBER)

Business Insider

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· *Uber said Monday it would lay off 3,000 more employees following a prior round of job cuts in May.*
· *The move, first reported by the Wall Street Journal, confirms Business Insider's reporting from the weekend that more cuts were on the way. *
· *Investors cheered the news, and Uber's stock price gained more than...

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