The layoffs are part of Uber's efforts to optimize operations and reduce spending, according to The New York Times.
MORGAN STANLEY: The stock market's rally to new highs is masking 3 under-the-radar warning signs that danger lies aheadHere are 25 of the most innovative CIOs leading their companies' strategies in cloud computing, cybersecurity, and AI, according to experts and their peers25 rising stars in venture capital who control millions of dollars in Silicon Valley and decide which startups
will blow upThe SEC is stepping up scrutiny of mutual funds that have poured money into unicorns like WeWork and AirbnbBillionaire 'Bond King' Jeffrey Gundlach unpacks a market phenomenon that takes place just before a recession hits — and warns it's happening right nowTwo crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.
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Uber cuts about 400 jobs from its marketing teamFor the first time since the financial crisis, companies have given back more to shareholders than they are making in free cash flow.
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New Jersey woman says Uber driver gave himself a $100 tip, 5-star ratingDonna Wilson said the driver had asked her to see her phone so he could make a route adjustment on the app after taking her and her husband to their home.
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Troye Sivan Practiced His 'Boy Erased' Accent on Unsuspecting Uber DriversAustralian singer turned 'Boy Erased' actor, TroyeSivan practiced his American accent on unsuspecting Uber drivers:
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Uber Eats has massive competition after 2 rivals agreed a $10 billion deal to become one of the world's biggest food delivery companiesEuropean online food delivery rivals Takeaway.com and Just Eat said on Monday they had agreed in principle to create one of the largest players in the sector globally through an all-share deal.
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Just Eat satisfies hunger for takeaway Dutch CEOThe leaderless UK food delivery group is selling to rival Takeaway.com in a 5 billion pound all-share deal. Just Eat gains a new boss and ally in the battle against Uber and Deliveroo. The Dutch company, meanwhile, uses its highly-valued equity to join the UK food fight.
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