Uber Says Will Cut 3,700 Jobs, CEO Dara Khosrowshahi to Waive Base Salary

Uber Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary for the remainder of the year, the company said on Wednesday, as the COVID-19 pandemic decimates ride-hailing businesses.

Uber Says Will Cut 3,700 Jobs, CEO Dara Khosrowshahi to Waive Base Salary
Uber Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary for the remainder of the year, the company said on Wednesday, as the COVID-19 pandemic decimates ride-hailing businesses.