Case in point, Uber CEO Dara Khosrowshahi has decided that maintaining the excessive pay of senior executives is worth firing thousands of employees.
At it's core Uber is still about monetizing the public commons and misery of its employees to enrich the looters at the top:
Uber CEO Dara Khosrowshahi reportedly vetoed a request from the ride-hailing giant’s top executives to cut their own salaries in order to avoid laying off rank-and-file workers, paving the way for thousands of pink slips.Uber is pond scum, top to middle management, dedicated to abusing its lower level employees and its customers for a quick buck.
A number of the ride-hail giant’s engineering leaders last month told Khosrowshahi that they and other managers were willing to have their own pay slashed in order to spare their workers from Uber’s wide-ranging culling of its headcount, according to The Information (paywall).
“The answer is no,” Khosrowshahi said in response, according to the report. “What we’re doing through is fundamentally realigning the company so that our cost base matches the new reality of the world post COVID. We do not want to take temporary measures.”
Khosrowshahi likewise signaled that part of his plan includes “remaking the engineering team so that over time more jobs would be located overseas,” according to the report.
Uber earlier this month laid off 3,700 workers from its customer support and recruiting teams, and expects to continue the culling with cuts to its engineering, products, operation and self-driving units that will be completed by May 18. The cuts may end up representing as much as 30 percent of Uber’s workforce.