I see a news that uber is submitting a layoff files about 500 positions in bay area. Is that a new round or the file for last time?
Where did you see
The lay-off will keep coming as the CEO explicitly said at the all hands following the first eng layoff. Don’t join.
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They have to unwind the hiring binges now that they're public, especially with a never ending sinking stock and escalating expenses in vapor promises (I.e. Self driving).
They're going to continue to cut costs until they are not losing $$$$$$ every quarter (so: indefinitely). Employees are expensive.
Sad but true. Uber employees especially are expensive I guess
New round p
That’s shitty for them then.