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Uber Lays Off 3,700 People Due To Less Demand

Video Credit: Wochit News - Duration: 00:35s - Published
Uber Lays Off 3,700 People Due To Less Demand

Uber Lays Off 3,700 People Due To Less Demand

Reuters reports that Uber is slashing 3,700 jobs to save money amid the coronavirus.

The company announced the layoffs on Wednesday, which accounts for about 14% of their total global workforce.

In a regulatory filing, Uber explained that the layoffs is due to having less customers and the company's recent hiring freeze.

They explained, "The company is reducing its customer support and recruiting teams.

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