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Uber to cut 3,700 full-time jobs; CEO Dara Khosrowshahi to waive base salary

Last Updated 06 May 2020, 13:45 IST

Uber Technologies Inc said on Wednesday it will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will waive his base salary for the remainder of the year.

The ride-hailing company expects to incur about $20 million in costs related to severance and related charges.

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(Published 06 May 2020, 13:45 IST)

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