AM I NEXT? NO LOVE AT UBER (01/24/23)

Am I Next? 435 Layoffs at Uber after $5 billion loss.

JANUARY 23, 2023 — 150 TARGETED AT UBER FREIGHT

Uber Freight is laying off 3% of its workforce in its digital brokerage operation.

Uber Freight, CEO Lior Ron noted, “As you know, the logistics market is currently facing a number of headwinds which have impacted our customer base as well as the overall industry. We accelerated hiring last year within certain areas of our Brokerage business, planning for a different economic reality, but the volumes did not materialize as expected. Uber Freight remains well-positioned to be the global leader in logistics technology and solutions. But the company needs to match our organization and cost structure to the realities of today’s market dynamics.”

FEBRUARY 20, 2020 — UBER TO CLOSE LOS ANGELES, CALIFORNIA OFFICE WITH 85 LAYOFFS

The company announced that it will be closing its Los Angeles customer support office and laying off 85 employees. Part of the workload is scheduled to be outsourced to an overseas call center in Manila,

Philippines. A company spokesperson noted, “In order to focus our resources in our largest customer support centers, we are closing the Uber support office in downtown Los Angeles.”

SEPTEMBER 27, 2019 — 300 JOBS GONE: 238 IN SAN FRANCISCO, CALIFORNIA AND 62 IN PALO ALTO, CALIFORNIA.

The company announced that the layoffs would commence October 10, 2019. It appears that the company suffered a loss of $5.24 billion in the second quarter.

Original post…

San Francisco-based Uber, a peer-to-peer transportation networking company, has announced the layoff of 435 employees, mostly from the product and engineering teams.

According to a company statement, “Our CEO has asked everyone on our management team a simple but important question: if we started from scratch, would we design our organizations as they stand today? After careful consideration, our Engineering and Product leaders concluded the answer to this question in many respects was no. Previously, to meet the demands of a hyper-growth startup, we hired rapidly and in a decentralized way. While this worked for Uber in the past, now that we have over 27,000 full-time employees in cities around the world, we need to shift how we design our organizations: lean, exceptionally high-performing teams, with clear mandates and the ability to execute faster than our competitors.”

“Today, we’re making some changes to get us back on track, which include reducing the size of some teams to ensure we are staffed appropriately against our top priorities. These were incredibly difficult calls as it means some of our employees no longer have a role, specifically around 170 people in our Product group and 265 people in Engineering, which is roughly 8 percent of those two orgs. Our hope with these changes is to reset and improve how we work day to day—ruthlessly prioritizing, and always holding ourselves accountable to a high bar of performance and agility. While certainly painful in the moment, especially for those directly affected, we believe that this will result in a much stronger technical organization, which going forward will continue to hire some of the very best talent around the world.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?