Uber Technologies
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Uber CFO Nelson Chai Plans to Step Down in Most Senior Executive Exit Since IPO: Report
Uber Technologies Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, Bloomberg News reported on Monday, citing people familiar with the matter. Chai reportedly informed Uber CEO Dara Khosrowshahi of his intentions to move on, though a decision on the timing of his departure hasn't been made.
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Uber to Lay Off 200 Employees in Recruitment Division to Cut Costs and Streamline Operations
Uber Technologies said on Wednesday it would cut 200 jobs in the company's recruitment division amid plans to keep the staff count flat through the year and streamline costs. The reductions affect less than 1 percent of Uber's global workforce. The ride-share company laid off 150 employees in its freight services division earlier this year.
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Ola to Cut 10 Percent Engineering Jobs Across Ride-Hailing, Electric Vehicle Manufacturing Businesses: Details
Ola on Monday announced that it would cut around 200 engineering jobs as part of its efforts to centralising operations to build a structure to strengthen relevant roles and functions. The company, which said it is focussed on being a "vertically integrated mobility" company, plans to increase the number of engineers from 2,000 to 5,000 over the ne...
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Uber Investigating Cybersecurity Incident After Alleged Data Breach: All Details
Uber is investigating a cybersecurity incident after a hacker claimed that the ride-hailing company has suffered a data breach. The alleged breach is said to have forced Uber to take several internal communications and engineering systems offline.
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Uber To Hire 500 Techies For Its India Tech Centres By End Of 2022
Uber has announced a fresh round of recruitment for its India tech centres and plans to hire 500 additional tech employees by December 2022. The hiring will happen across its centres in Hyderabad and Bengaluru.
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Uber Introduces Revamped Shared Rides Offer In The U.S
Passengers booking a shared ride can now earn additional discounts in Uber credit, not cash, if another rider joins their trip.
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Uber Partners With Hertz To Offer 50,000 Tesla Rentals To U.S. Ride-Hail Drivers
Uber's announcement comes just days after Hertz on Monday said it would order 100,000 Tesla vehicles by the end of 2022.
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Uber To Roll Out Pension Plans For UK Drivers
Uber and GMB also urged other ride-hailing companies like Ola, Bolt and Addison Lee to offer similar benefits to their drivers.
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Uber Posts $509 Million Adjusted Loss On Driver Incentives Even As Trips Rise
Uber Technologies Inc on Wednesday reported widening losses as it spent more to entice drivers to return to its platform, sending shares of the ride-hail and food delivery company down in after-hours trade.
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Uber To Let Office Staff Work Up To Half Their Time From Anywhere: Report
In one of the most flexible policies offered yet by a big U.S. tech company as the COVID-19 pandemic eases, Uber plans to say that those working in offices need to spend at least 50% of their time there.
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Uber In Talks To Sell Its ATG Self-Driving Unit To Aurora
Earlier last year, the unit had raised $1 billion (758 million pounds) from a consortium of investors including SoftBank, that valued it at $7.25 billion.
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Uber Seeking Options Including Partial Sale For Uber Elevate: Axios
Uber Technologies Inc is seeking options for its Uber Elevate business, including strategic partnerships or a partial sale, Axios reported on Friday, citing multiple sources.
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Uber Eats Generates More Than Double The Revenue Of Its Core Ride-Sharing Business
Uber Technologies has reported a loss of $1.78 billion in its Q2 2020 earnings owing to lockdowns imposed across the world thanks to the COVID19 pandemic. This has impacted its core ride-sharing massively. Year on year, its ride-sharing business collapsed by 73% compared to Q2 of 2019. On the bright side, with people staying in more, its UberEats, ...
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Uber Stops Upfront Ride Pricing In Response To California Worker Law
The company hopes the changes will bolster its argument that Uber is merely a technology platform connecting riders with drivers, not a transportation company.
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China To Execute Driver Who Killed Passenger Of Ride-Hailing Firm Didi
A Chinese court on Friday sentenced a man to death for raping and killing a female passenger of ride-hailing company Didi Chuxing last year, while he was employed as a driver.
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Uber CFO Nelson Chai Plans to Step Down in Most Senior Executive Exit Since IPO: Report
Uber Technologies Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, Bloomberg News reported on Monday, citing people familiar with the matter. Chai reportedly informed Uber CEO Dara Khosrowshahi of his intentions to move on, though a decision on the timing of his departure hasn't been made.
-
Uber to Lay Off 200 Employees in Recruitment Division to Cut Costs and Streamline Operations
Uber Technologies said on Wednesday it would cut 200 jobs in the company's recruitment division amid plans to keep the staff count flat through the year and streamline costs. The reductions affect less than 1 percent of Uber's global workforce. The ride-share company laid off 150 employees in its freight services division earlier this year.
-
Ola to Cut 10 Percent Engineering Jobs Across Ride-Hailing, Electric Vehicle Manufacturing Businesses: Details
Ola on Monday announced that it would cut around 200 engineering jobs as part of its efforts to centralising operations to build a structure to strengthen relevant roles and functions. The company, which said it is focussed on being a "vertically integrated mobility" company, plans to increase the number of engineers from 2,000 to 5,000 over the ne...
-
Uber Investigating Cybersecurity Incident After Alleged Data Breach: All Details
Uber is investigating a cybersecurity incident after a hacker claimed that the ride-hailing company has suffered a data breach. The alleged breach is said to have forced Uber to take several internal communications and engineering systems offline.
-
Uber To Hire 500 Techies For Its India Tech Centres By End Of 2022
Uber has announced a fresh round of recruitment for its India tech centres and plans to hire 500 additional tech employees by December 2022. The hiring will happen across its centres in Hyderabad and Bengaluru.
-
Uber Introduces Revamped Shared Rides Offer In The U.S
Passengers booking a shared ride can now earn additional discounts in Uber credit, not cash, if another rider joins their trip.
-
Uber Partners With Hertz To Offer 50,000 Tesla Rentals To U.S. Ride-Hail Drivers
Uber's announcement comes just days after Hertz on Monday said it would order 100,000 Tesla vehicles by the end of 2022.
-
Uber To Roll Out Pension Plans For UK Drivers
Uber and GMB also urged other ride-hailing companies like Ola, Bolt and Addison Lee to offer similar benefits to their drivers.
-
Uber Posts $509 Million Adjusted Loss On Driver Incentives Even As Trips Rise
Uber Technologies Inc on Wednesday reported widening losses as it spent more to entice drivers to return to its platform, sending shares of the ride-hail and food delivery company down in after-hours trade.
-
Uber To Let Office Staff Work Up To Half Their Time From Anywhere: Report
In one of the most flexible policies offered yet by a big U.S. tech company as the COVID-19 pandemic eases, Uber plans to say that those working in offices need to spend at least 50% of their time there.
-
Uber In Talks To Sell Its ATG Self-Driving Unit To Aurora
Earlier last year, the unit had raised $1 billion (758 million pounds) from a consortium of investors including SoftBank, that valued it at $7.25 billion.
-
Uber Seeking Options Including Partial Sale For Uber Elevate: Axios
Uber Technologies Inc is seeking options for its Uber Elevate business, including strategic partnerships or a partial sale, Axios reported on Friday, citing multiple sources.
-
Uber Eats Generates More Than Double The Revenue Of Its Core Ride-Sharing Business
Uber Technologies has reported a loss of $1.78 billion in its Q2 2020 earnings owing to lockdowns imposed across the world thanks to the COVID19 pandemic. This has impacted its core ride-sharing massively. Year on year, its ride-sharing business collapsed by 73% compared to Q2 of 2019. On the bright side, with people staying in more, its UberEats, ...
-
Uber Stops Upfront Ride Pricing In Response To California Worker Law
The company hopes the changes will bolster its argument that Uber is merely a technology platform connecting riders with drivers, not a transportation company.
-
China To Execute Driver Who Killed Passenger Of Ride-Hailing Firm Didi
A Chinese court on Friday sentenced a man to death for raping and killing a female passenger of ride-hailing company Didi Chuxing last year, while he was employed as a driver.
