24 Hrs
Source:
Sky News
Uber reduces HR workforce by 23%
Uber Technologies announced a 23% reduction in jobs within the human resources, recruitment, and labor environment sectors, as part of CEO Dara Khosrowshahi’s efforts to simplify the organizational structure. However, these layoffs account for less than 1% of the company's total workforce of 34,000 employees worldwide. The company also began enforcing in-office work for HR employees who had been working remotely, requiring them to work three days a week. Following the announcement of these measures, Uber's stock fell by 0.6% to $71.21.
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