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Uber lays off 400 people from its marketing team

CBS News Monday, 29 July 2019
Ride-hailing company blames its losses partly on costly promotions to attract riders and drivers
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News video: Uber Laid Off 400 Marketing Employees

Uber Laid Off 400 Marketing Employees 00:32

Business Insider reports that Uber laid off 400 marketing employees on Monday. Uber reduced its global marketing team from over 1,200 employees, The New York Times reports. The layoffs are reportedly part of Uber's efforts to streamline its operations and reduce spending. Uber went public in May.

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