Uber lays off 400 people from its marketing team
Uber on Monday laid off around 400 people from its marketing team, or about one-third of the company's 1,200 people in the department, as the ride-hailing service continues to struggle to find its footing as a public company.
About 75 Uber offices around the world will be affected by the cuts, which were announced internally Monday. The decision follows a leadership shake-up in June, when CEO Dara Khosrowshahi combined the company's marketing, communications and policy teams.
Khosrowshahi installed Jill Hazelbaker to lead up marketing and public affairs in June. On Monday they announced a more centralized structure for marketing and said they want to build a consistent brand narrative across audiences, products and regions.
The money-losing startup has been plagued with questions on whether it can ever turn a profit since its underwhelming public debut in May. In its first earnings as a public company, Uber reported losing $1 billion on $3.1 billion in revenue for the first three months of 2019.
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