Uber, Fresh From a Massive Round of Layoffs, Is Reportedly Trying to Buy Grubhub

Photo: GettyUber, a furnace people can’t stop shoveling money into, is looking to buy up its main restaurant delivery competitor, Grubhub, in an all-stock deal. I think we’re all wondering the same thing: What the fuck? Yes, this is the same Uber that just laid off 14 percent of its staff on a Zoom call…

Uber, Fresh From a Massive Round of Layoffs, Is Reportedly Trying to Buy Grubhub

Photo: GettyUber, a furnace people can’t stop shoveling money into, is looking to buy up its main restaurant delivery competitor, Grubhub, in an all-stock deal. I think we’re all wondering the same thing: What the fuck? Yes, this is the same Uber that just laid off 14 percent of its staff on a Zoom call last week, citing economic difficulties during the coronavirus pandemic. And yes, this is the same Uber that lost nearly $3 billion last quarter, offering one of its key competitors nothing but shares in the worst-debuted stock in U.S. market history. In fairness, while Grubhub still dominates in New York, overall its market share has been ch
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