Uber reportedly lays off 185 former Postmates workers

Source: The Verge added 24th Jan 2021

  • uber-reportedly-lays-off-185-former-postmates-workers

Uber has laid off about 185 Postmates workers, and plans to further integrate Postmates’ infrastructure within its Uber Eats segment, The New York Times reported. Uber acquired Postmates in July for $2.65 billion, following a failed attempt to buy rival food delivery service Grubhub.

Meal delivery has been one bright spot for Uber amid the pandemic, as bookings in its Uber Eats division rose 135 percent year-over-year in the third quarter while its ride-hailing segment dropped 50 percent over the same time period. It’s consolidated other parts of the company in a bid to become profitable by the end of 2021, selling its autonomous vehicles segment to Aurora Innovation in December, the same month it sold its Uber Elevate flying taxi division to Joby Aviation.

The latest cuts will see Postmates founder and CEO Bastian Lehmann depart the company, along with most of its executive team, according to the Times.

Uber Eats continues to trail competing food delivery service DoorDash, which went public in December, and showed a brief period of profitability over the summer. According to market research firm Edison Trends, in the fourth quarter DoorDash had 48 percent of the market share for food delivery services, with the combined Uber Eats/Postmates at 35 percent.

Uber did not immediately reply to a request for comment on Sunday.

Read the full article at The Verge

brands: Aurora  It  Joby  New  One  other  Team  
media: 'The Verge'  
keywords: Uber  

Related posts


Notice: Undefined variable: all_related in /var/www/vhosts/rondea.com/httpdocs/wp-content/themes/rondea-2-0/single-article.php on line 88

Notice: Undefined variable: all_related in /var/www/vhosts/rondea.com/httpdocs/wp-content/themes/rondea-2-0/single-article.php on line 88

Related Products



Notice: Undefined variable: all_related in /var/www/vhosts/rondea.com/httpdocs/wp-content/themes/rondea-2-0/single-article.php on line 91

Warning: Invalid argument supplied for foreach() in /var/www/vhosts/rondea.com/httpdocs/wp-content/themes/rondea-2-0/single-article.php on line 91