Uber freezes hiring of US tech staff, seeks to cut costs

Uber freezes hiring of US tech staff, seeks to cut costs

A pedestrian checks a mobile device in front of the Uber Technologies Inc. headquarters building in San Francisco, California, U.S. Photographer: David Paul Morris/Bloomberg

Uber Technologies Inc. said it instituted a hiring freeze for employees working on software and services across the U.S. and Canada, as the ride-hailing company faces mounting losses.

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