BUSINESS

Uber to axe staff after rigorous review

By Athik Saleh

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Rigorous performance review

Uber has confirmed that it will take a more rigorous approach to its performance review process. This could lead to some employees getting fired.

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No mass layoffs planned

Uber's CEO Dara Khosrowshahi said at the Davos World Economic Forum in January that the company has no plans of conducting mass layoffs.

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Investing in Talent

Uber plans to backfill positions left empty after the reviews and will continue to invest in attracting and retaining top talent.

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Uber's Rigorous Standards

The last quarter of 2022 was a good one for Uber, with the company earning $8.6 billion in revenue and completing 2.1 billion trips. It is unclear how many staffers will be affected by Uber's "rigorous approach". The decision is likely aimed at holding employees to higher standards.

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