Uber lays off 400 employees in marketing team
(Reuters) - Ride-hailing company Uber Technologies Inc said on Monday it laid off 400 people globally from its marketing team.
(Reuters) - Ride-hailing company Uber Technologies Inc
As of Dec. 31, Uber had 22,263 employees, with 1,951 employees in sales and marketing team, according to the company's filing https://bit.ly/2Z5Lafi.
Uber debuted on the New York Stock Exchange on May 10 at an IPO price of $45. The stock is currently trading nearly 2% below the IPO price.
(Reporting by Vibhuti Sharma in Bengaluru; Editing by Shinjini Ganguli)
This story has not been edited by Firstpost staff and is generated by auto-feed.
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