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Uber’s longest-serving exec quits, while coronavirus threatens 5,000 jobs


According to an SEC filing earlier this week, Uber‘s chief technology officer is stepping down. The rest of the executive board is reportedly discussing further measures to help the company weather the financial challenges created by the coronavirus pandemic. [Read: Global e-scooter numbers could quadruple once lockdown measures lift, analysts say] The Information reports that more than 5,400 jobs could be at risk as Uber‘s management looks to cut costs. This would represent a loss of about one fifth of Uber‘s workforce. Details of the cuts are sparse. The layoffs are yet to be finalized and could be made in…

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