In a regulatory filing with the US Securities and Exchange Commission (SEC), Uber confirmed that it is laying off 3,700 or about 14% of its global workforce to reduce operating expenses in the wake of the economic uncertainty stemming from COVID-19.
"Our size will have to be rationalized based on the business needs," Chaveleau said on the call.
Here is what Uber's spokesperson said on the matter
"It's never easy or uncomplicated to let employees go, and that is only been more true during this unprecedented period, where we are all working from home across dozens of cities and countries. We've put together a strong severance package and other benefits."