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Uber Technologies on Thursday for the first time detailed how much it has spent to support its ride-hail drivers and food delivery workers during the coronavirus crisis, which has battered the company and forced it to lay off thousands of employees. The company said in a blog post here it had spent $19 million as …
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Beginning Monday, Uber will require its drivers and passengers worldwide to wear face masks during trips in a bid to curb fears about the spread of coronavirus. The ride-hailing giant’s new mandate arrived along with a number of other COVID-19-related safety features that will become mandatory. Uber also said its Uber X ride service was …
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Uber said Wednesday it will shed nearly 15 percent of its workforce as the coronavirus pandemic ravages its business. The cuts will see the struggling ride-hail giant lay off 3,700 of its nearly 27,000 employees and will cost the company $20 million in severance and other related termination benefits. The cuts will mainly hit its …
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California sued Uber and Lyft this week for treating their drivers as contractors rather than full employees, in the latest episode of the state’s feud with big tech companies. The Tuesday complaint accuses the ride-hailing giants of misclassifying their drivers as independent contractors and denying them protections such as a minimum wage, overtime pay, sick …
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Uber Technologies’ Careem subsidiary said on Monday it was cutting 536 jobs this week, representing 31 percent of the Dubai-headquartered company’s workforce. The announcement came hours after Uber said it was shuttering its Eats delivery business in several markets, including the Middle East, and laying off dozens of staff. Careem, which operates ride-hailing and delivery …
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Lyft said on Wednesday it plans to lay off 982 employees, or 17 percent, of the ride-hailing firm’s workforce, due to the economic challenges caused by the coronavirus pandemic. Wall Street reacted by sending the shares up almost 5 percent, or $1.62, to $34.36. Earlier this month, the Uber rival announced that some drivers sidelined …
Uber Technologies on Thursday for the first time detailed how much it has spent to support its ride-hail drivers and food delivery workers during the coronavirus crisis, which has battered the company and forced it to lay off thousands of employees. The company said in a blog post here it had spent $19 million as …
