Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

  • Date: 06-May-2020
  • Source: Reuters
  • Sector:Economy
  • Country:GCC
  • Who else needs to know?

Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

But Uber, which operates in more markets around the world than Lyft, could recover some lost revenue with its food delivery business.. On Monday, Uber's Middle East business Careem said it was cutting 536 jobs this week, representing 31% of the Dubai-headquartered company's workforce..

Check the history on the topic
saudi,arabia,percent,saudi arabia,unemployment

Unemployment rate in Saudi Arabia slightly rises to…

ceo,account,raised,parents,children

First person account: How my parents raised me…

saudi,business,sector,sar,revenue

‎Saudi business sector reports SAR 4.08 trln operating…

saudi,global,arabia,economic,housing

Mastercard Economics Institute’s Economic Outlook for 2023: Saudi…

uae,bank,world,official,gdp

UAE GDP to grow 4.1% in 2023: World…

likecard cards gap prepaid market

How LikeCard fills a gap in the market…

job arabia emirates openings check

Emirates, Air Arabia are hiring, check out these…

gcc covid jobs expats many

Expats in GCC Forced to Switch Jobs Due…

banking arab report world harmonization

New Report Calls for Open Banking Harmonization Across…

khogeer prestigious arab american body

Dr. Khogeer becomes first Arab to head prestigious…

Read More Economy...