Uber 2020

Company News

Uber Lays Off 14% of Global Workforce due to COVID-19

Luis Monzon - May 7, 2020

Uber is laying off thousands of its employees as the ongoing pandemic continues to impact business. The company said in a filing on Wednesday that it is cutting about 3,700 full-time roles or roughly 14% of its staff on the...

Company News

Uber Launches New Delivery Services as Demands for Ride-Hailing Screech to a Halt

Luis Monzon - April 21, 2020

Uber is launching a new pair of services called Uber Connect and Uber Direct as the ongoing coronavirus pandemic minimizes demand for its traditional ride-hailing business. The company has switched focus on moving items rather than people. Uber Direct will...

Company News

Uber Withdraws 2020 Guidance Due to COVID-19 Pandemic

Luis Monzon - April 19, 2020

Uber announced on Thursday that it was withdrawing its 2020 guidance for gross bookings, adjusted net revenue and adjusted EBITDA which had been provided on 6 February 2020 during the company's earnings call, writes Tech Crunch. The company's previous 2020...

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Latest News

Company NewsMamsi Nkosi - July 18, 2025

AfriLabs and ATU Forge Continent‑Wide Pact to Fast‑Track Digital Innovation

AfriLabs and the African Telecommunications Union (ATU) have signed a landmark Memorandum of Understanding (MoU) to accelerate digital innovation...

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Artificial Intelligence

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Cybersecurity

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Cybersecurity

Sintrex Awarded Diamond Innovator Partner by Palo Alto Networks

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