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A comment on Uber discusses plan to lay off about 20% of employees. Parent comment

Re:Uber discusses plan to lay off about 20% of employees by imtringued on Wednesday April 29, 2020 @03:35AM (#23016456)
If they can lay off 20% of their employees then it appears that 1) is true. Overhiring 5400 employees isn't just about something being "more complicated".
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Re:Uber discusses plan to lay off about 20% of employees by pm90 on Wednesday April 29, 2020 @06:01AM (#23017387)
This isn’t really a useful line of reasoning. It’s true that businesses will cut their workforce to remain a functioning business, and just that fact does not imply there was “waste”. Longer term investments are cut, which can affect the competitiveness of the business. Corners are cut where they can be. Is it a productive use of Ubers time trying to hyperoptimize their finances versus focusing on their actual business?
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