Uber announces to close its office in Los Angeles, laying off 80 jobs

Uber announces to close its office in Los Angeles, laying off 80 jobs

Uber announces to close its office in Los Angeles, laying off 80 jobs
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Uber Technologies announces to close its office in downtown Los Angeles, where the ride-hailing company employs customer support staff, to focus on its bigger locations.

According to the details, Uber has closed a customer support office in downtown Los Angeles.

The move will result in the elimination of about 80 jobs.

An Uber spokesman confirmed the closure in an emailed statement.

The jobs from the office being closed will be shifted to a customer support office of Uber in Manila, sources said, with a recording of comments from an Uber manager.

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Uber did not comment on the job losses mentioned in the report.

Earlier this month, Uber moved forward by a year its target to achieve a measure of profitability to the fourth quarter of 2020.

But the company added it still expects to lose a total of more than $1 billion this year.

Uber, earlier, backed by Japanese technology investment giant SoftBank Group Corp (9984.T),

In the fourth quarter of 2019, the company’s total revenue rose 37% to $4.07 billion on a yearly basis.

While, its net loss widened to $1.1 billion from a loss of $887 million a year earlier.

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