Uber to move APAC headquarters out of Singapore

Uber to move APAC headquarters out of Singapore

REUTERS/Luisa Gonzalez

Uber will move its Asia-Pacific headquarters out of Singapore, affecting 120 roles in the city-state, as part of a global restructuring exercise.

Uber CEO Dara Khosrowshahi on Monday told employees the ride-hailing company will slash around 3,000 jobs and shut 45 offices globally in its bid to become a self-sustaining business.

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