Sunday, January 24, 2021

Uber reportedly lays off 185 former Postmates workers

Uber reportedly lays off 185 former Postmates workers
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Uber has laid off approximately 185 Postmates workers, as well as plans to heavier lend Postmates' infrastructure within its Uber Eats segment, The New York Times reported. Uber caused Postmates in July for $2.65 billion, henceforth a failed attempt to buy rival foodstuffs mailing song-and-dance Grubhub.

Meal mailing has been one incandescent spot for Uber between the pandemic, as bookings in its Uber Eats farthing rose 135 percent year-over-year in the third quarter while its ride-hailing segment eliminated 50 percent over the aforementioned time period. It's circumscribed supplemental genitalia of the company in a bid to wilt assisting by the end of 2021, selling its self-governing cartage segment to Brilliancy Innovation in December, the aforementioned ages it sold its Uber Stilt flying trans division to Joby Aviation.

The latest cuts will see Postmates framer as well as CEO Bastian Lehmann disappear the company, recurring with most of its controlling team, co-ordinate to the Times.

Uber Eats continues to trail competing foodstuffs mailing song-and-dance DoorDash, which went public in December, as well as showed a undetectable periodicity of profitability over the summer. Co-ordinate to market research firm Edison Trends, in the fourth quarter DoorDash had 48 percent of the market share for foodstuffs mailing services, with the combined Uber Eats/Postmates at 35 percent.

Uber did not instantaneously response to a request for commentary on Sunday.

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