Davos 2023-Uber not planning any company-wide layoffs -CEO
Uber CEO Dara Khosrowshahi looks on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 2, 2022. REUTERS/Andrew Kelly
DAVOS, Switzerland : Uber Chief Executive Dara Khosrowshahi said in Davos on Thursday that he was not currently planning any company-wide layoffs.
The rideshare and delivery company has worked to cut costs for months, early enough relative to others that a memo the CEO wrote on this tougher stance "landed a bit like a lead balloon initially," Khosrowshahi said at a Wall Street Journal event on the sidelines of the World Economic Forum's annual meeting.
Source: Reuters
