Reports: Uber Freezes Tech Staff Hiring in U.S. as Cash Hemorrhage Continues - Gizmodo

in #business5 years ago

Reports: Uber Freezes Tech Staff Hiring in U.S. as Cash Hemorrhage Continues - Gizmodo

Click here to read source article from Gizmodo.com

Summary

Ridesharing giant Uber, which has been burning through money faster than the Joker ($5.2 billion in the last quarter alone!), has suddenly frozen its hiring of technical and engineering staff in the U.S., according to reports on Friday by Bloomberg and Yahoo …

My Thoughts

The headline and thumbnail of this one speak for itself! Another great article from Gizmodo. I suggest checking out the source if you want to learn more.

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