© 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.
For daily Davos updates in your inbox sign up for the Reuters Daily Briefing here.
Be the first to comment