Uber to axe 3,700 staff

Uber to axe 3,700 staff

Uber has announced plans to cut 3,700 full-time staff - about 14% of its workforce - as business plunges following pandemic shutdowns. Chief executive Dara Khosrowshahi will also waive his…
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Uber London licence removed

Uber London licence removed

Uber has been stripped of its London operating licence by the regulator in a major blow to the ride-hailing app. The firm's permit has not been renewed after "several breaches…
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Uber launches IPO

Uber launches IPO

CNBC reports that Uber began trading on the New York Stock Exchange Friday at $42 per share, below its IPO price of $45. The stock was down about half a percent…
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