Uber to cut 200 recruiters in cost-savings measure: WSJ

Uber Technologies Inc.
UBER,
+1.40%
will cut about 200 recruiters in order to save costs, the Wall Street Journal reported Wednesday, citing an internal company memo. While the layoffs affect about 35% of the company’s recruitment team, they account for less than 1% of Uber’s headcount, the Journal reported. Uber shares were down less than 0.1% in recent activity.