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Mass layoffs at California-based Uber as thousands of jobs wiped out — and it's bad news for Gen Z
Source: nypost.com
Corporate EarningsCompany FundamentalsManagement & Governance

Uber plans to eliminate 10% of its global workforce, affecting about 3,300 employees, as part of a major organizational restructuring. The move signals cost-cutting and a more cautious operating stance, which may weigh modestly on sentiment around near-term execution.
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mildly negative
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