Davos 2023: Uber Not Planning Any Mass Layoffs


Davos 2023: Uber Not Planning Any Mass Layoffs - CEO Dara Khosrowshahi

Dara Khosrowshahi was speaking at a Wall Street Journal occasion on the Davos annual summit. (File)

Davos:

Uber Chief Executive Dara Khosrowshahi mentioned in Davos on Thursday that he was not presently planning any company-wide layoffs.

The rideshare and supply firm has labored to chop prices for months, early sufficient relative to others {that a} memo the CEO wrote on this more durable stance “landed a bit like a lead balloon initially,” Dara Khosrowshahi mentioned at a Wall Street Journal occasion on the sidelines of the World Economic Forum’s annual assembly.

(Except for the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)

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