FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. REUTERS/Luisa Gonzalez
(Reuters) – Uber Technologies Inc (UBER.N) said on Wednesday it will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will waive his base salary for the remainder of the year.
The ride-hailing company expects to incur about $20 million in costs related to severance and related charges.
Reporting by Supantha Mukherjee in Bengaluru; Editing by Ramakrishnan M.
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