Davos 2023: Uber Not Planning Any Mass Layoffs

Davos 2023: Uber Not Planning Any Mass Layoffs - CEO Dara Khosrowshahi

Dara Khosrowshahi was talking at a Wall Street Journal event at the Davos annual summit. (File)

Davos:

Uber Chief Executive Dara Khosrowshahi said in Davos on Thursday that he was not currently planning any company-wide layoffs.

The rideshare and delivery company has worked to cut costs for months, early enough relative to others that a memo the CEO wrote on this tougher stance “landed a bit like a lead balloon initially,” Dara Khosrowshahi said at a Wall Street Journal event on the sidelines of the World Economic Forum’s annual meeting.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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