Uber to cut 3,700 jobs, close 180 driver centers

Uber Technologies Inc., the ride-hailing company, reported its biggest loss in the last three-quarters of $2.9 million in its latest earnings report. Uber's loss went up 190% year-on-year from a loss of $1 billion in Q1 2019. Its revenue was $3.54 billion for the first quarter of 2020. Uber saw a fall of 3 percent in ride-sharing, but Uber Eats saw a year-on-year rise of 54 percent due to the increased demand for food deliveries during the pandemic. The loss of $2.9 billion includes $2.1 billion impairment losses from companies that Uber has a stake.

What Breaks Are Acceptable At Work?

Tea breaks; coffee, breaks; smoking breaks; bathroom breaks… If you’re a manager, it can be difficult keeping track of your team’s break time. This is especially true when everyone likes to swoop in and out of their cubicles for multiple breaks during the day. So, how many breaks are acceptable at work?

Fatal Hiring Mistakes That Startups Make

Startups have the advantage of running lean and mean organizations. One good example is Instagram, which had only 13 employees when Facebook bought it for $1 billion in 2013. More than the numbers it is about building the right team. Read on to learn about common hiring mistakes you can avoid to be successful.