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Uber Layoffs: CEO Dara Khosrowshahi Says “This wasn’t a decision we made lightly” as company cuts 3,300 jobs globallyIn a bold move, Uber is set to cut its workforce by roughly ten percent, affecting around 3,300 staff members. This decision is part of a l...- Uber may lay off 200-250 employees in India as part of global restructuringGlobally, Uber is eliminating around 3,300 roles, or about 10% of its workforce, as part of a restructuring aimed at reducing management la...
- Layoffs at Uber; Astrobase eyes fresh fundraiseUber will cut thousands of jobs in a restructuring move. This and more in today’s ETtech Top 5.
- Travis Kalanick on how his relationship with Bill Gurley unravelled over Uber fundraising, leadershipUber cofounder Travis Kalanick detailed his fallout with Benchmark Capital investor Bill Gurley, tracing it to disagreements over fundraisi...
- Uber, Rapido held talks to combine India ops; deal collapsed over control: sourcesUber and Rapido discussed merging their India ride-hailing operations in May, sources told us. Talks collapsed after disagreements over the...
- Behind the Uber-Rapido merger talks; Honasa’s strong Q1 reportHappy Friday! Uber and Rapido explored combining their India ride-hailing operations in May, sources told us. This and more in today’s ETte...
- Uber takes bike taxis to 100 more cities in India as Rapido rivalry intensifiesThe expansion, spread across 18 states and one Union territory, will initially be driven by Uber Bike, the company’s two-wheeler offering. ...
- Uber in $15 billion deal for Delivery Hero to create global takeout giantAcquiring Delivery Hero, which has a market value of roughly €11.6 billion, would expand the Uber Eats food-delivery network in Europe, the...
- Uber to gobble up Delivery Hero in latest food delivery dealThe German firm operates in over 60 markets worldwide and has expanded beyond its traditional food business to "quick commerce", delivering...
- Uber CEO Dara Khosrowshahi says parents are doing kids a ‘disservice’ with this common parenting habitUber CEO Dara Khosrowshahi has warned that excessive parental protection, or 'helicopter parenting,' can hinder children's long-term develo...
- Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & moreUber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company i...
- Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
- Uber CEO Dara Khosrowshahi on cofounder Travis Kalanick: “distance has allowed healing to happen”Responding to a question on whether India’s importance for Uber had changed since Travis Kalanick’s departure, Khosrowshahi said, “I’m a di...
- Anand Mahindra makes a confession after meeting Uber CEO Dara Khosrowshahi for second timeMahindra Group Chairman Anand Mahindra met with Uber CEO Dara Khosrowshahi during his visit to India. They had first met at Davos during wi...
- East meets west: Uber CEO Dara Khosrowshahi slays in Nehru jacket, balances traditional with western attireThe traditional Nehru jacket was Khosrowshahi’s weapon of choice during his recent trip to India.
- Not all work: Uber CEO Dara Khosrowshahi finally defied his Twitter bio and took out some time to playKhosrowshahi recently carved out some time to play Gloomhaven and tweeted pictures of it.
- Uber CEO Dara Khosrowshahi's mother wouldn't buy a cup of coffee worth 15 centsLili Khosrowshahi was talking about their tough days when money was limited.
- Tencent invests $400 million in Ola for 9.57% stakeSingapore-based Copper Technology Pte Ltd will take a 9.57% stake in Ola, according to filings with the Registrar of Companies on Friday.
- GE's Jeffrey Immelt tops list to replace Travis Kalanick as Uber CEOA majority of the board of the app-based taxi company is leaning toward Immelt, but two other candidates are still in the running, Recode r...
- Travis Kalanick says Uber needs self-driving cars to avoid ending up like the taxi industryUber CEO Travis Kalanick believes that Uber needs to work on self-driving cars, lest it end up like the taxi industry that it's currently d...
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