Lizette Chapman
Uber CEO Threatens Future Shutdown in California Over Labor Law
Uber CEO Dara Khosrowshahi. (Akio Kon/Bloomberg News)
Dara Khosrowshahi, CEO of Uber Technologies Inc., threatened to temporarily shut down service in California if it loses a drawn-out fight over a state law seeking to reclassify contractors as employees.
August 12, 2020Uber to Sell Software, Starting With Four-Van Transit Service
The Uber car service application. (Victor J. Blue/Bloomberg News)
Uber Technologies Inc. is getting into software. The company is making the technology that powers its ride-hailing business available to others, starting with public transit agencies.
June 17, 2020Uber Cuts 3,000 More Jobs, Closes Offices Amid Pandemic Revamp
(Victor J. Blue/Bloomberg News)
Uber Technologies Inc. eliminated an additional 3,000 jobs May 18, is closing dozens of offices worldwide and is shutting down many side projects in an effort to weather the coronavirus pandemic that has devastated the ride-hailing business.
May 18, 2020Uber to Reduce Workforce by 14%, Signals Further Cuts
Uber said it would cut its workforce by 14% due to the coronavirus. (Victor J. Blue/Bloomberg News)
Uber Technologies Inc. will eliminate 3,700 jobs and permanently close 180 driver service centers, the first in a series of cost-cutting measures to be announced in the next two weeks as a response to the coronavirus pandemic.
May 6, 2020Uber Eats Drops Service in Seven Countries
An Uber Eats delivery courier rides a bicycle along a street to make a delivery in Tokyo. (Kiyoshi Ota/Bloomberg News)
Uber Technologies Inc. took steps to stem losses in its international businesses May 4 as the company rushes to adapt to the new realities of the coronavirus pandemic.
May 4, 2020Instacart Doubled Workforce in a Month
(Gabby Jones/Bloomberg News)
Instacart Inc. more than doubled the number of people who pick and deliver groceries to customers over the past few weeks and said it will add an additional 250,000 in the next two months, a response to unprecedented demand for the service.
April 23, 2020Uber Withdraws Forecast, Will Write Down About $2 Billion
A driver in Los Angeles adjusts his face mask as Uber and Lyft drivers conduct a "caravan protest" outside the California Labor Commissioner's office April 16. (Mario Tama/Getty Images)
Uber Technologies Inc. withdrew its financial guidance for 2020 and said it will write down about $2 billion in investments after the coronavirus pandemic upended the ride-hailing business.
April 17, 2020Lyft Suggests Drivers Work for Amazon After Ridership Plummets
A Lyft driver navigates to her passenger in San Francisco. (Mike Coppola/Getty Images)
Amazon.com Inc. is teaming up with Lyft Inc. on recruiting the ride-hailing company’s drivers to deliver packages and groceries as the pandemic keeps people indoors.
March 27, 2020Lyft to Cut 2% of Staff in Pursuit of a Profit Next Year
Signage is displayed during the Lyft IPO at the company's service center in Los Angeles in March 2019. (Kyle Grillot/Bloomberg News)
Lyft Inc. will eliminate about 90 jobs as the unprofitable ride-booking company seeks to deliver on a promise to stop losing money by the end of next year.
January 29, 2020Uber Tests Letting Some California Drivers Set Their Own Fares
A traveler uses a smartphone while waiting for a ride share ride in Oakland in August 2019. (David Paul Morris/Bloomberg News)
The feature is being tested across some airport routes “to preserve flexible work” for California drivers, a spokesman said.
January 22, 2020