Coronavirus: Uber announces drastic cuts to secure its future
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Uber has announced a drastic action plan to scale back its business as its losses balloon amid pandemic lockdowns.
The firm said it would cut 3,000 more jobs, bringing the total reductions in recent weeks to a quarter of the workforce.
It is also closing or consolidating more than 40 offices and winding down units such as its artificial intelligence lab.
The head…
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