Shaping up to be a tough week for Covid era acqui-hires.
Uber Eats to appeal ruling that 4,000 layoffs illegal
Uber Eats said Friday that it would appeal against a Milan court's ruling that its decision to lay off 4,000 food-delivery riders in June as it closed down its operations in Italy was... — read more
Is Karen a racist?
I thought a Karen was a customer causing problems and asking for a manager to get her way. But apparently the term has been hijacked and got our diversity person suspended.
Drizly Employees Affected by ‘Layoff Tidal Wave’
Drizly, an Uber-owned alcohol e-commerce delivery platform, began “company wide” layoffs this week, according to several social media posts by former employees. Drizly confirmed the layoffs to Brewbound, but initially did not share how many people... — read more
Big Layoffs Return to Uber?
Will it be in the 1,000s again this time or is it just large blocks of specific teams?
Say goodbye to severance
Uber has found a way to get rid of employees without having to dole out severance. I would be perfectly okay with this if performance reviews were genuine, but we all know they're not. They will now use them to get rid of whomever they want... — read more
Were you laid off? WARN Act
The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... — read more
Expect a 15% cut in UBER headcount
close to 5,000 reduction in headcount
Cash flow positive is no longer enough
Let's be honest you guys have been in business how many years?? After 12 years the only one you made any money was from being pushed out of Asian markets. The reality is Uber generates a lot of value but unfortunately not for its shareholders. — read more
Mentions of layoffs
Not sure if there's any truth to it, but I've been hearing rumors of layoffs this week. Hopefully, nothing comes out of it, but it doesn't hurt to warn people just in case. I'd rather spend a week worrying but being ready for anything than being... — read more
Hiring freeze
Our team has been understaffed for months. Most of us have seen our workload double as we were waiting for Uber to backfill at least some of the positions. The fact that we now have a hiring freeze shows how little they care about all of us. All they... — read more
What is happening with our LT and how are they so out of touch with reality?!
As someone who has been at Uber for 4+ years and survived multiple mass layoffs (i.e. IPO, COVID, etc.) - I am very disappointed in Dara's recent email. A few times today, I've attempted to reflect on the intention behind the email and I'm stumped... — read more
Here we go
We all know what this letter actually says. Cost-cutting means cutting the number of employees more than anything else. I'm not sure when it's going to start, but I guess we can be grateful we were warned something huge is coming. Whatever. Uber... — read more
Earnings report is tomorrow
Are we guaranteed another "loss per share" month or is there any chance things have improved somewhat?
Prepare for more cuts
The results are improving, but nowhere near as fast as they'd like to see it. The easiest way to fix that is by reducing overhead - which means cutting employees. I wouldn't be surprised if we heard about more layoffs coming our way before the end of... — read more
Uber Eats exec exits in aftermath of Postmates layoffs
I hope it's related and somebody is actually paying for the way we were treated. "Uber Eats, which is struggling to keep a leader at the helm, just lost its head of product to... — read more
Are more layoffs expected?
Not sure if this lack of talk on more layoffs is a good or a bad thing....
Postmates layoffs
For those who were wondering if Uber acquisition would bring layoffs, we have the answer now. I also think that this is just the beginning. After the initial 185 people, I'm betting you we'll have at least one or two more major rounds as they... — read more
Uber sells its self-driving unit to Aurora
made efforts to stem losses in its ride hailing business, control business costs – including with major layoffs in the spring – and to grow its delivery... — read more
What if Prop. 20 fails?
As November approaches, I am increasingly curious about what will happen to Uber in California and how the Proposition 20 will affect us if it doesn’t pass. Any thoughts? I’ve just read a good insight into Prop. 22, but I would like a more detailed... — read more
Can you imagine being this hateful?
Can you imagine being this money hungry? This opposed to actually having to treat the people that work for you as what they are - EMPLOYEES? Just when you think Uber and its CEO can't stoop any lower, they find a new way to surprise... — read more
This is just a start...
"In response to the ongoing coronavirus pandemic, Uber is laying off thousands more employees and closing down 45 more offices, including one of its offices in San... — read more
Were there layoffs yesterday?
Or are they still pending? I haven't heard anything, so I'm not sure if it's because nothing happened yet or I'm simply lucky enough (for now) that nobody I know has been affected. Not that it matters much in the long run since I doubt that many... — read more
3K more cut, pains continue
https://www.cnbc.com/2020/05/18/uber-reportedly-to-cut-3000-more-jobs.html
Uber is just getting started
Get ready more layoffs incoming in 3...2...1... Uber is expected to begin another round of layoffs on Monday, a source with knowledge of the situation tells Business Insider. Business Insider could not confirm the number of people that will... — read more
Engineering round??
3700 last week, but wasn’t it predicted to be 5000-7000? Are software engineers next? I’m on H1b and don’t want to leave
Zoom Recording of the Firing 3500 People
https://www.dailymail.co.uk/news/article-8301471/Watch-3-500-Uber-employees-told-laid-three-minute-ZOOM-call.html#v-5026153820997569150
Mess
Kalanick should be happy as he cashed out his shares in 2019, now Dara is stuck with this mess jumping from one sinking ship to another ! I hope Uber makes a comeback. Was once a Silicon Valley darling startup !
So, no impact on engineering?
First paragraph from Dara’s email: “I wanted to let you know that we just announced the elimination of around 3,700 roles in CommOps and Recruiting, and the closure of 40% of our Greenlight locations. You can read the emails that were sent to... — read more
Uber 3700 Layoffs
https://www.sfchronicle.com/business/article/Uber-cuts-3-700-in-biggest-SF-tech-layoffs-during-15250731.php
I was not...
aware there is a site about us here. Not sure what to tell you - given all that's going on nobody should be surprised. Also, I am hoping they will keep promises and take care of people that are cut. 99% of our folks have amazing skills and they will... — read more
Brace for impact
"Executives at Uber are discussing plans to cut around 20% of the company’s employees, as it copes with a sharp decline in its ride-hailing business due to the coronavirus pandemic, The Information has... — read more
Kynikos Associates shorting Uber
"Jim Chanos, president of Kynikos Associates, a hedge fund that shorts stocks, was made famous in the early 1990s for blowing the whistle on Enron. Today, Chanos is shorting Uber and Grubhub, among other gig companies. In an interview, he said he had... — read more
How is Coronavirus affecting Uber (not drivers)
What's the impact? Good luck...
More Pain
https://finance.yahoo.com/video/wework-uber-major-layoffs-150305967.html
is this true?
even more layoffs coming our way? is this our new reality at uber? constant layoffs?
Why is Uber hiring so soon after layoffs???
What's going on here? If there were positions available why were they not first offered to people who were shown the door in the latest round of layoffs??? And also, who thought it was a good idea to lay off a bunch of people and turn around and... — read more
layoffs were long overdue and should've happened sooner.
Hello Uber Engineer here! Obviously everything I say is personal experience and opinion. I think the layoffs were long overdue and should've happened sooner. There was a general understanding between my coworkers and I that Uber definitely over... — read more