People and Tech Uber to lay off 3,700 employees, about 14% of body of workers – CNBC

Uber said Wednesday it will lay off 3,700 employees and that CEO Dara Khosrowshahi will forgo his base salary for the rest of the year. The layoffs to its customer support and recruiting teams represent about 14% of its 26,900 employees, based on Uber's most…

Continue Reading People and Tech Uber to lay off 3,700 employees, about 14% of body of workers – CNBC

People and Tech Norwegian Cruise Line sees ‘colossal doubt’ about its future, warns of that you simply should think bankruptcy – CNBC

Norwegian Cruise Line warned on Tuesday that it may have to seek bankruptcy protection, saying there's "substantial doubt" about its ability to continue as a "going concern" as the coronavirus pandemic wreaks havoc on the industry. Shares of the company fell…

Continue Reading People and Tech Norwegian Cruise Line sees ‘colossal doubt’ about its future, warns of that you simply should think bankruptcy – CNBC