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

By

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 ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Victoria Police renews decade-long IT support deal for another three years

Victoria Police renews decade-long IT support deal for another three years

Qld tables $1 billion for major whole-of-government tech overhaul

Qld tables $1 billion for major whole-of-government tech overhaul

Google offers new proposal to stave off EU antitrust fine

Google offers new proposal to stave off EU antitrust fine

WA Police Force to spend $30.8m on IT 'optimisation'

WA Police Force to spend $30.8m on IT 'optimisation'

Log In

  |  Forgot your password?