简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:In July, Uber surprised 400 marketing employees with mass layoffs. Now, it's halting hiring for tech roles in the US
Uber has paused hiring for engineering roles in the US and Canada, it confirmed on Monday.
The move follows a 400-person layoff at the end of July.
Last week, the company reported second-quarter earnings that fell short of investor expectations and sent the stock plummeting.
Visit Business Insider's homepage for more stories.
After burning through more than $5.2 billion in the second-quarter, Uber's third-quarter appears to be marked by significant cost-cutting measures.
The ride-hailing confirmed to Business Insider on Monday that it has temporarily paused hiring for some engineering roles in the United States and Canada. Yahoo Finance first reported the hiring freeze.
“We are continuing to aggressively hire talent, including many engineers, all over the world,” a spokesperson said in an email. “In the US and Canada, we were ahead of our hiring plans, so we temporarily hit pause on some teams while we ensure we're being both effective and efficient in staffing against our strategic priorities.”
Despite the location-specific hiring pause, more than 1,200 roles are still open on Uber's careers website, including 149 engineering roles.
News of the hiring freeze comes less than a month after Uber laid off 400 marketing roles in offices around the world. In an email to staff, CEO Dara Khosrowshahi said the culling was designed to trim excess from teams that had become bloated in the company's first decade.
Read more: Uber marketing employees describe a 'bloodbath' when the company laid off 400 employees in more than a dozen countries
Last week, Uber reported second-quarter earnings that fell short of investor expectations, sending the stock plummeting as much as 8% Those steep losses extended into Monday, where the stock is a few cents shy of a new all-time low price near $37.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Expecting a refund to appear automatically after a flight cancellation? It's not that easy with most airlines as they lose millions each day.
Unlike Uber, Lyft has been tight-lipped about just how bad its rides business has been hurt — and it doesn't have a food-delivery arm to ease losses.
Trucking giant J.B. Hunt's stock rose by 2% in after-hours trading after reporting a mixed quarter on April 14.
Ships from Carnival Corp. cruise lines like Princess Cruises, Costa Cruises, and Cunard Line are still at sea.