Live poker, virtual betting, pizza, beer – play Friday night or make Monday morning meetings more competitive. Uber says it will incur approximately $20 million in severance and other termination-related expenses. If Uber and Grubhub agree to merge, they may have... Streaming video captures every moment, making it just like getting together at home. News of Uber’s additional layoffs comes just days after the company reportedly entered acquisition talks with food delivery giant GrubHub. Thanks for contacting us. Would you like to receive desktop browser notifications about breaking news and other major stories? Uber laid off 3,500 people — in 3-minute Zoom calls — last week. In an SEC filing dating back to last week, Uber disclosed plans to layoff 3,700 employees. The company is focusing on its ride-hailing business and meal delivery service, UberEats, Uber ended Q1 with about $9 billion in cash and short-term investments. Sorry, your blog cannot share posts by email. The figure amounts to around 14% percent of the ride hailing giant’s total workforce. A company spokesperson confirmed that Uber’s downtown Seattle outpost will remain open, though Uber did not provide details about specific office impact.Uber was one of the first Silicon Valley giants to establish a Seattle-area engineering center and employed 450 people in the region last year. Uber has cut 25% of its global workforce over the past two weeks after slashing another 3,000 jobs today. Poker night is back on with Live Game Night. “Today will be your last working day with Uber,” company manager Ruffin Chevaleau informed some of … Uber has cut 25% of its global workforce over the past two weeks after slashing another 3,000 jobs today.The layoffs come as Uber’s ride-hailing business fell 80% in April as people stay at home amid the COVID-19 pandemic.

Let us know.Like what you're reading? Uber used the popular teleconference software to conduct multiple meetings last week to inform employees about the layoffs. Challenge up to nine friends in tournaments or casual play over PC or Mobile. We've received your submission.Shares of Uber spiked as much as 8 percent Monday on reports that the ride-hail giant is axing an additional 3,000 employees and closing 45 offices as the coronavirus slams the brakes on its business.“We’re seeing some signs of a recovery, but it comes off of a deep hole, with limited visibility as to its speed and shape,” Khosrowshahi said in his email, according to Khosrowshahi didn’t rule out more cuts for Uber, saying that it was impossible to make such a claim about Uber’s future with “absolute certainty.”“I will tell you, however, that we are making really, really hard choices now, so that we can say our goodbyes, have as much clarity as we can, move forward, and start to build again with confidence.”Shares of Uber were trading up 7.7 percent early Monday afternoon, at $34.96.The offices being shuttered include one of Uber’s downtown San Francisco hubs, which was home to more than 500 employees.Khosrowshahi also said that Uber, which has been struggling to turn a profit since going public last year, would be scaling back its artificial intelligence lab and product incubator, and would be re-evaluating costly endeavors like freight and self-driving vehicles, according to the report.Khosrowshahi also reportedly vetoed a request from a number of Uber’s top engineers to cut their own salaries in order to avoid laying off members of their staffs.Khosrowshahi likewise signaled that part of his plan includes “remaking the engineering team so that over time more jobs would be located overseas,” according to the report.News of Uber’s additional layoffs comes just days after the company reportedly entered acquisition talks with food delivery giant GrubHub.
A A representative for Uber did not immediately respond to a request for comment. Miley Cyrus reveals she lost her virginity to Liam Hemsworth at 16'Ellen DeGeneres Show' DJ tWitch breaks silence on toxic-set allegationsChicago looters smash Ronald McDonald House with sick kids insideInside Prince Harry and Meghan Markle's new California estateDonald Trump's brother Robert hospitalized in New York Uber cut another 3,700 employees on May 6.“Given the dramatic impact of the pandemic, and the unpredictable nature of any eventual recovery, we are concentrating our efforts on our core mobility and delivery platforms and resizing our company to match the realities of our business,” Uber CEO Dara Khosrowshahi said in a statement.As part of the expense reductions, Uber will close or consolidate around 40 offices worldwide, including its Pier 70 location in San Francisco. (Allison Zaucha/Bloomberg) Uber was the latest in a string of on-demand tech companies to announce layoffs in the midst of the novel coronavirus pandemic. There are more than 125 engineering centers from Bellevue to Belltown, representing thousands of tech workers at companies such as Apple, eBay, HBO, Oracle and Sonos, according to Uber is also halting non-core projects such as its Uber AI Labs and product incubator. Subscribe to GeekWire's free newsletters to catch every headlineWe might be stuck at home, but fun isn’t canceled. The layoffs are expected to hit the company’s customer support and recruiting divisions. Uber is laying off thousands of staffers as the ongoing pandemic continues to impact its business.