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Uber to cut 3,700 jobs, CEO to waive base salary

By Supantha Mukherjee

May 7 2020 6:49AM

As the COVID-19 pandemic decimates ride-hailing businesses.

Uber to cut 3,700 jobs, CEO to waive base salary

(Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary for the remainder of the year, the company said on Wednesday, as the COVID-19 pandemic decimates ride-hailing businesses. Uber and rival Lyft Inc have been under ...

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