Uber to layoff 20% of its global workforce

Layoffs of that magnitude "could be announced in stages in the coming weeks" at Uber, said the report, as long-serving Uber's Chief Technology Officer (CTO) Thuan Pham quit the company.

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Ride-hailing firm Uber is reportedly laying off 20 per cent of its workforce – more than 5,400 of 27,000 employees – as rides come to an indefinite halt in most countries owing to lockdowns and social distancing in place, The Information reported. Layoffs of that magnitude “could be announced in stages in the coming weeks” at Uber, said the report, as long-serving Uber’s Chief Technology Officer (CTO) Thuan Pham quit the company.

Members of Uber’s engineering team will perform Pham’s duties until the company finds a permanent CTO, a company spokesperson was quoted as saying.The spokesperson told Fortune: “As you would expect, the company is looking at every possible scenario to ensure we get to the other side of this crisis in a stronger position than ever”, avoiding a direct take on the layoff report.”Pham has notified managers who report to him of his plan to leave, which comes as the 3,800-person Uber engineering group could be slashed by nearly 800 people in the coming weeks under the proposed job cuts”, said the report in The Information on Tuesday.

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