Read the email sent to Uber employees about a hiring freeze through May 31 to control its costs amid the coronavirus crisis
Uber has confirmed to Business Insider that it has instituted a hiring freeze as a cost containment measure as the coronavirus crisis continues to drag down the economy.Employees are nervous that layoffs will be next, but leadership reassured them at an all-hands meeting on Tuesday that no layoffs are planned at this time, the company confirmed.
Still, the ride-hailing giant has gone through series of upper-management changes, including the exit of key engineering vice president Matthew Mengerink earlier this month. Recent months have seen the departure of top executives at its Uber Eats and New Mobility divisions.
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