
Taxi service Update
Automobile Service News-: The company laid off 3700 full-time staff due to a sharp decline in rides.
⏩The impact of the Corona epidemic has started to be seen to a large extent on Taxi Servicing Companies. Recently in the Service Sector News, Uber Taxi Service has announced to lay off about 14 percent of its full-time workers. The company said that due to the epidemic, the decrease in the trip to the ongoing lockdown was attributed to this.
⏩The company's chief executive also cut his base salary for the year, which was earlier fixed at one million dollars. Even before the epidemic, Uber was struggling with an economic crisis. The company incurred a loss of $ 8.5 billion in 2019. The company said that the retrenchment has been done in the customer support and recruitment team. The company has had to take this step to reduce expenses.
Also Read
⤷https://businessdip.blogspot.com/2020/05/ubereats-is-going-to-close-its.html

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