Uber is discussing layoffs of as much as 20 percent of its work force, or roughly 5,400 employees, according to two people familiar with the ride-hailing company’s deliberations. In addition, Thuan Pham, Uber’s chief technology officer, resigned last week, said the people, who spoke on condition of anonymity because the details were confidential. Mr. Pham was one of the longest-tenured executives at Uber, having started his career there in 2013.
Article source: https://www.nytimes.com/2020/04/29/business/stock-market-today-coronavirus.html