Burning $1 billion per quarter has its downsides. Uber on Tuesday announced it was laying off 435 employees, mostly in the U.S., in product and engineering, representing 8% of those organizations’ headcount. The move is not entirely unexpected, and some within the Uber workforce have been anticipating and asking about it in recent weeks. The Uber layoffs, which include more than 250 engineers,...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
Exclusive
startups
venture capital
A Long, Strange Trip for the ‘Uber for Nurses’
Exclusive
startups
Finance
Inside the Culture Clash at JPMorgan and WePay
Exclusive
ai
venture capital
Wall Street Firm Citadel Securities Courts AI Startups for Trading Edge
Exclusive
amazon
entertainment
How Amazon Misread the NFL Ad Market