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Davos 2023-Uber not planning any company-wide layoffs -CEO By Reuters

by Reuters
January 19, 2023
in Finance
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© Reuters. Uber CEO Dara Khosrowshahi looks on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 2, 2022. REUTERS/Andrew Kelly

DAVOS, Switzerland (Reuters) – Uber (NYSE:) Chief Executive Dara Khosrowshahi said in Davos on Thursday that he was not currently planning any company-wide layoffs.

The rideshare and delivery company has worked to cut costs for months, early enough relative to others that a memo the CEO wrote on this tougher stance “landed a bit like a lead balloon initially,” Khosrowshahi said at a Wall Street Journal event on the sidelines of the World Economic Forum’s annual meeting.

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Tags: 2023UberCEOCompanyWideDavoslayoffsPlanningReuters
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