uber

A bumpy ride to profitability: Uber lays off 350 staff in latest cuts

Uber Technologies Inc. has laid off about 350 employees as part of its ongoing effort to curb its losses, which reached a record $5.2 billion last quarter. The cuts, announced Monday, represent the third and final round of staff reductions made under a restructuring initiative the company launched earlier this year. Uber previously laid off …

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Uber brings its ride hailing and food delivery businesses together in a single app

Uber Technologies Inc. is merging its food delivery service into its main ride hailing app to provide users with a single destination for accessing on-demand transportation. The integration is one of several upcoming changes Uber previewed today at an event in San Francisco. The company is looking to provide a smoother user experience for customers who rely …

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Why Amazon and Uber are facing new scrutiny over contract workers – GeekWire

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Uber has surveyed some drivers on small loans, suggesting financial products are coming – TechCrunch

Back in June Uber went on a hiring spree in New York, hiring at least 100 fintech-oriented tech workers to ostensibly look at creating products to increase loyalty and engagement among users and drivers, including things like banking. Cue a flurry of speculation. It now looks like Uber is taking baby-steps towards building such a …

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Uber and Lyft pledge $60m to ensure drivers don’t become employees

California politician Lorena Gonzalez criticised the companies for pledging tens of millions of dollars when they previously claimed they could not pay drivers minimum wage. On Thursday (29 August), Uber and Lyft took a significant step to ensure that drivers using the platforms would remain as contractors, rather than become recognised as employees. The companies …

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After Cisco, John Chambers Is Still Dreaming Big About Tech

Text size Former CEO of Cisco Systems, John Chambers Thibault Camus/Getty Images For 20 years, John Chambers was the face, voice, brains, and–yes–conscience of Cisco Systems (CSCO), a pillar of the internet economy now valued at $216 billion. Today, from his sprawling Palo Alto, Calif., home overlooking the San Francisco Bay, he operates a “purpose-driven …

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