Uber Cuts 350 More In ‘Final’ Layoff, Lyft Partners With ADT As Ride-Hail Criticism Mounts

Uber and Lyft drivers including Abiye Gelaye, center, protest outside the Uber offices in Saugus, MA as they take part in a strike pushing for pay hikes and greater job security from the two major ride-hailing companies on May 8, 2019. (Photo byBoston Globe via Getty ImagesOver the weekend, ride-hail leaders Uber and Lyft announced…

Uber Cuts 350 More In ‘Final’ Layoff, Lyft Partners With ADT As Ride-Hail Criticism Mounts

Uber and Lyft drivers including Abiye Gelaye, center, protest outside the Uber offices in Saugus, MA as they take part in a strike pushing for pay hikes and greater job security from the two major ride-hailing companies on May 8, 2019. (Photo byBoston Globe via Getty ImagesOver the weekend, ride-hail leaders Uber and Lyft announced new developments ahead of a scheduled congressional hearing about their growing businesses.On Monday, Uber said it had laid off an additional 350 employees, as TechCrunch first reported. CNET noted that this round of layoffs, which Uber CEO Dara Khosrowshahi said will be the company’s last, is Uber’s third in less than three months, bringing the number of employees cut to 1,185. Estimates put Uber’s global employee workforce at close to 25,000, as compared to the arguably less ‘ambitious’ and US-based Lyft, which says it employs just over 5000 workers, almost all of whom are based stateside.According to the company, the employees were mostly located in the US and Canada, including members of its Eats division, self-driving or Advanced Technologies Group, and performance marketing and recruiting teams, “as well as various teams within the global rides and platform departments,” TechCrunch wrote.Days earlier, Uber also indicated that it still has significant interest in the food-delivery space. As Bloomberg reported, on Friday Uber agreed to buy a majority of Chile- and Mexico-based Cornershop, which delivers food, prescriptions, and other items from various retailers. Last year, Walmart Inc. agreed to buy Cornershop for $225 million, but Mexican regulators blocked the deal over anti-trust concerns.“The arrangement could play a significant role in Uber’s strategy of layering more profitable services atop ride-sharing,” explained Bloomberg’s Lizette Chapman and Andrea Navar
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