Investors will get a greater sense of the impact of the pandemic on Uber's business when it reports earnings on Thursday.
Wednesday. The cuts to its customer support and recruiting teams represent about 14% of its 26,900 employees, based on Uber's most recent headcount.
CEO Dara Khosrowshahi will also forgo his base salary for the rest of the year, according to the filing. Uber has been hit hard by the pandemic as travel has stalled during measures to stop the spread of the virus. Global gross bookings are down 80%, according to a report fromlast month. Investors will get a greater sense of the impact on Thursday when Uber reports earnings.
Uber's drivers have suffered from lost income, reigniting the debate around whether Uber should be able to classify them as contractors. Khosrowshahi
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