Coronavirus pandemic sees drop in Ubers demand

Uber is cutting nearly 4,000 jobs as the
coronavirus pandemic results in a drop in demand.
The US company will reduce its global customer support and recruiting teams by approximately 3,700 full-time roles – roughly 14% of its 26,900-person workforce.
Chief executive Dara Khosrowshahi is also set to waive his base salary – set at $1 million (£809,690) in 2019 – until the end of the year, according to the Financial Times .
The redundancies will cost $20 million in ‘severance and other termination benefits’, a stock market filing revealed.

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