Advertisement

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

Uber office
Advertisement

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.

Advertisement

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.

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
Here's How to Capture a Screenshot on OnePlus!
Infinix Note 30 Price in Pakistan 2024 - Check details
Samsung Galaxy A34 and A54 Receive Crucial Security Update!
Amazon Prime Pakistan: Subscription Plans, Payment Options 2024
How to create images on WhatsApp using Meta AI
Samsung Galaxy A34 and A54 Get Security Update for April 2024
Next Article
Exit mobile version