Mexican Media Brands
Uber Fires 350 Workers in “Last Wave” Reduction
Uber Technologies Inc. has dropped 350 workers, describing the move as the last in a series of dismissals that now totals about 1,200 people.
Share
Uber Technologies Inc. has dropped 350 workers, describing the move as the last in a series of dismissals that now totals about 1,200 people.
About 70% of the cuts came in North America, according to the San Francisco-based ride-hailing service. Affected departments included food delivery and autonomous vehicle development.
Uber launched the cuts shortly before posting a record $5.2 billion lost in the second quarter. CEO Dara Khosrowshahi told analysts at the time that 2019 will be the company’s worst in financial terms. He didn’t say when the company expects to become profitable.
The company began a broad restructuring in June that combined its communications, marketing and policy groups. In July Uber began the layoffs by dismissing 400 of its 1,200 global marketing staff.
RELATED CONTENT
-
GM Is Down with Diesels
General Motors is one company that is clearly embracing the diesel engine.
-
Mustang Changes for 2018
On Tuesday Ford unveiled—using the social media channels of actor Dwayne Johnson (this has got to unnerve some of the auto buff book editors)—the 2018 Mustang, which has undergone some modifications: under the hood (the 3.7-liter V6 is giving way to a 2.3-liter EcoBoost four, and a 10-speed automatic is available), on the dash (a 12-inch, all-digital LCD screen is available for the dashboard), at the tires (12 wheel choices), on the chassis (MagneRide damper technology is being offered with the Mustang Performance Package), and on the exterior (three new paint colors). And while on the subject of the exterior, there are some notable changes—a lower, remodeled hood, repositioned hood vents, new upper and lower front grilles, LED front lights, revised LED taillamps, new rear bumper and fascia.
-
BMW Uses Fabric Skin Again
In 2008 BMW revealed a concept vehicle that was unusual in that the body panels weren’t made from steel, aluminum or composites but, rather, a fabric that was fitted over an underlying metal frame.
