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Uber CEO tells staff company will cut down on costs, treat hiring as a 'privilege'
Summary by Ground News
Uber Technologies Inc (UBER.N) will scale back hiring and reduce expenditure on its marketing and incentive activities, CNBC reported. The ride-hailing company becomes the latest to rein in costs to have a lean investment model. Facebook-owner Meta Platforms Inc said last week it would slow down the growth of its workforce.