Uber to cut costs, slow down hiring to turn lean, CEO tells employees

Uber to cut costs, slow down hiring to turn lean, CEO tells employees

Uber CEO Dara Khosrowshahi. Photographer: David Paul Morris/Bloomberg

Uber Technologies Inc will scale back hiring and reduce expenditure on its marketing and incentive activities, CNBC reported on Monday, citing a letter from Chief Executive Officer Dara Khosrowshahi.

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