Uber Technologies Inc. said it is cutting 23% of jobs in a division that includes human resources, recruitment, workplace facilities and culture, part of a move by the rideshare company’s newly promoted president Jill Hazelbaker to simplify team structure.
Uber headquarters in San Francisco, California, US, on Tuesday, July 23, 2024. Uber Technologies Inc. is scheduled to release earnings figures on August 6.
Uber Technologies Inc plans to double its fleet of electric motorcycles in Kenya by the end of the year, as the company races toward becoming a zero-emissions mobility platform globally by 2040.
The European Commission is planning to extend a critical deadline for Prosus NV to sell down a stake in Delivery Hero SE to October, buying the investor some meaningful time to thwart another possible takeover attempt of the food delivery service by Uber Technologies Inc.
Uber Technologies Inc. has set usage caps on some artificial intelligence-powered tools used by its staff, a move meant to manage costs after the company blew through its AI budget earlier this year.
Didi Global Inc. reported its second straight quarterly loss, after ratcheting up investment to expand globally and defend its turf in markets like Brazil from new entrant Meituan.
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