Topics regarding layoffs at Uber

Topics regarding layoffs at Uber

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 

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| 1118 views | | 1 reply (April 21, 2023)
Post ID: @OP+1lksRKQC

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 

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| 1157 views | | no replies yet
Post ID: @OP+1kTqnGGc

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 

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| 1252 views | | no replies yet
Post ID: @OP+1hFV2mSM

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 

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 

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 

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| 1633 views | | 1 reply (September 21, 2021)
Post ID: @OP+1cWycgK6

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 

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| 1595 views | | 1 reply (January 26, 2021)
Post ID: @OP+195mr8G4

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 

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| 1067 views | | no replies yet
Post ID: @OP+17vgCaRm

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 

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| 2574 views | | no replies yet
Post ID: @OP+14QnpZhF

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 

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| 2162 views | | no replies yet
Post ID: @OP+14HmFCE5

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