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Uber puts hiring freeze in place for some tech roles, reports say

August 12, 2019

Uber Technologies Inc. (NYSE: UBER) put a hiring freeze in place for employees working on software and services across the US and Canada, Bloomberg reported on Friday. The move was also reported by Yahoo.

A spokesperson told Bloomberg that it paused hiring on software engineers and product managers as it had exceeded hiring goals in those areas.

The move comes after a report at the end of July that the San Francisco-based human cloud firm had laid off 400 people in its 1,200-person marketing department. Uber also announced second-quarter earnings last week, reporting a net loss of $5.2 billion for the quarter despite a 14% increase in revenue.

Uber reported it had 26,799 global employees as of June 30 with 13,797 located outside the US, according to its 10-Q filing filed on Friday with the US Securities and Exchange Commission

In the filing, the company noted it plans to add employees outside the US.

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