Given the current stock price is Uber safe rn (for swe)? Or they are planning for layoff too? I have an interview with them next week so want to confirm that it’s not going to be same shit show as meta and amazon Tc 220k #uber
What's your interview for?.
Swe
Lyft did layoffs recently. who, with a very similar business model, do u think is next ?
I thought Uber eats and Uber freight might have provided better revenue support to Uber
Lyft doing horribly precisely because Uber is doing well in ride sharing business. Lyft is losing market share fast. Uber revenue growth from last earnings is 100%. This is insane at current environment.
No company is safe. During this time of uncertainty you should be leetcoding and doing system design part time in case there are layoffs so your prepared to interview elsewhere if you get laid off.
Started doing that since few months ago. I thought if someone is hiring in this current economic condition then role has to be pretty safe during recession. Especially since Uber is on broader hiring freeze for a while now
Gotta keep up with Lyft
Stay away from, Uber it’s a mess. It will forever be a mess
Why?
It’s a tough business to run. The whole contractor vs employee is a threat to the business. Uber is in constant legal battles with this. Idk the money is not worth the stress of layoffs. I survived two layoffs until Uber ATG finally got sold off. I guess the message is: here be dragons
elt claims no layoffs in last all hands which means no layoffs this week
Uber has not been missing on earnings like other companies that have been doing layoffs, but no one knows what the future economic situation will look like
Check layoffs.fyi and filter by Uber. That s*** was never safe
Uber is safe as long we're free cash flow positive. How long that will last no one knows.
Uber is never safe, theyve had like 10+ rounds of layoffs since 2019
🤦♂️