Published 2 years ago

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.

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Times of India

Uber to cut costs, focus on unit economics, CEO Dara Khosrowshahi tells staff

Uber will cut marketing and incentive spending and treat hiring as a "privilege" to meet the shift in economic attitude, Khosrowshahi said.

2 years ago·India

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News18 India

Uber CEO Ready to Cut Costs, Slow Down Hiring: Report

Uber Technologies Inc will scale back hiring and reduce expenditure on its marketing and incentive activities, CNBC reported on Monday, citing a letter from Chief Executive Officer Dara Khosrowshahi.

2 years ago·India

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Reuters

Uber to cut costs, slow down hiring, CEO tells staff

Uber Technologies Inc will scale back hiring and reduce expenditure on its marketing and incentive activities, according to a letter from Chief Executive Officer Dara Khosrowshahi seen by Reuters.

2 years ago·United Kingdom

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CNBC

Uber CEO tells staff company will cut down on costs, treat hiring as a 'privilege'

Uber will slash spending on marketing and incentives and treat hiring as a "privilege," CEO Dara Khosrowshahi said in an email to staff on Sunday.

2 years ago·United States

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Channel News Asia

Uber to cut costs, slow down hiring, CEO tells staff: Report

Uber Technologies will scale back hiring and reduce expenditure on its marketing and incentive activities, CNBC reported on Monday (May 9), citing a letter from Chief Executive Officer Dara Khosrowshahi. The ride-hailing company becomes the latest to rein in costs to have a lean investment model, after Fac

2 years ago·Singapore

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News24

Uber to cut costs, slow down hiring, CEO tells staff

Uber Technologies will scale back hiring and reduce expenditure on its marketing and incentive activities, CNBC reported on Monday, citing a letter from Chief Executive Officer Dara Khosrowshahi.

2 years ago·South Africa

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