Uber CEO: To Cut Costs, Treat Hiring as a Privilege, CNBC Reports
May 09 2022 - 6:28AM
Dow Jones News
--Uber Technologies Chief Executive Dara Khosrowshahi told
employees on Sunday that the company will slash spending and become
a leaner business, CNBC reports, citing an email sent to
employees.
--The cuts will be to marketing and incentives, Mr. Khosrowshahi
said, adding, "We will treat hiring as a privilege and be
deliberate about when and where we add headcount," according to
CNBC.
Full story: https://cnb.cx/3KXU6tR
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(END) Dow Jones Newswires
May 09, 2022 06:13 ET (10:13 GMT)
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