Uber Freight laying off 150, about 3% of workforce

1 min read
Logo of Uber is seen at a temporary showroom during the World Economic Forum in Davos

(Reuters) – Uber Freight said Tuesday it will lay off roughly 150 employees, or about 3% of its workforce, as economic uncertainty hammers demand for shipping services.

The division of rideshare company Uber Technologies said the layoffs will be limited to its digital brokerage operations that match shippers with truckers seeking to haul cargo.

With the move, Uber Freight joins trucking firm C.H. Robinson Worldwide, freight forwarding startup Flexport, and financial services and technology firms in shedding jobs this year.       

(Reporting Nivedita Balu in Bengaluru and Lisa Baertlein in Los Angeles)

tagreuters.com2023binary_LYNXMPEJ0N0XW-BASEIMAGE

Related News:   German business morale brightens further in January - Ifo