Uber lays off 400 as cost-cutting efforts ramp up

Uber is laying off about one third of its 1,200-person strong marketing department in an effort to slash costs and make operations more efficient following its public debut and first quarter losses of $1 billion. The layoffs were first reported by The New York Times. About 400 people in Uber’s marketing department were laid off … Continue reading Uber lays off 400 as cost-cutting efforts ramp up