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A comment on Uber Freezes Hiring of U.S. Tech Staff as It Seeks to Cut Costs. Parent comment

Re:Uber Freezes Hiring of U.S. Tech Staff as It Seeks to Cut... by coredog64 on Saturday August 10, 2019 @08:23AM (#20661648)
> Uber could ditch anywhere between 50-90% of their techs tomorrow and it would not impact their operations one iota.

We may yet see this if the share price tanks. A PE firm like TPG can buy a large stake (or even go private), ruthlessly force efficiency, and then sell out.

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