Uber Decides to Close Its Office – Research Snipers

Uber Decides to Close Its Office

Uber

Uber is closing its office in the downtown of Los Angeles, where the company employs customer support staff for focusing on its bigger locations.

The decision was reported previously on Tuesday by the LA Times newspaper, which also mentioned that the measure would result in the elimination of nearly 80 jobs.

An Uber Technologies spokesperson has given confirmation to the closure of the office in an emailed statement.

Also Read: Uber Partners with Hyundai for Electric Air Taxi

The jobs of the office being closed would be moved to a customer support office in Manila, as per the report so LA Times, quoting sources and a recording of comments from an Uber manager.

Uber has not given any comments on the job losses mentioned in the report.

Previously, the ride-hailing company which is backed by the Japanese technology investment giant SoftBank Group Corp, went ahead by a year its target for acquiring a measure of profitability to the 4th quarter of 2020 but added it still anticipates to lose a total of more than $1 billion this year.

In the 4th quarter of 2019, Uber made a total revenue of $4.07 billion on an annual basis while its net loss extended to $1.1 billion from a loss of $887 million a year before.

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