Distressed Uber - More Layoffs, Fight Against CA AB 5
Jane Genova: Speechwriter - Ghostwriter
OCTOBER 14, 2019
In Q2 2019 Uber had its largest quarterly loss - $5 billion. Among its impatient investors is big player the SoftBank Group. So, it's no surprise, as TechCrunch reports, that Uber conducted its third round of layoffs. Reductions in force send the right message to shareholders. The stock rose 3%.