What Uber CEO Khosrowshahi Said About Layoffs (Courtesy of Uber)
Photo: ET Now Digital
Uber’s CEO said the ride-sharing and booking company has been working for months to cut costs compared to other companies, according to Reuters. He made the comments at a Wall Street event on the sidelines of the World Economic Forum’s annual meeting.
He added that over the next 12 to 15 years, nearly 20% of Uber’s fleet could be self-driving. Khosrowshahi’s also said it is interested in discussing dedicated vehicles for ride-sharing with manufacturers.
Meanwhile, e-commerce giant Amazon has launched new job cuts, laying off more than 18,000 people. According to media reports, Amazon initiated its first layoffs last November and is now starting to notify employees affected by the new layoffs.
Earlier this month, CEO Andy Jassy announced that “between the headcount reductions we made in November and the headcount reductions we shared today (January 5th), we will be eliminating just over 18,000 roles.” Amazon announced his 10,000 layoffs in November.