Uber cuts 3000 more jobs, closes 45 offices

Re:Uber cuts 3000 more jobs, closes 45 offices by partiallogic on Monday May 18, 2020 @12:56PM (#23224977)

This is always brought up as the game plan but are there any examples where this worked out?

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Re:Uber cuts 3000 more jobs, closes 45 offices by dbancajas on Monday May 18, 2020 @12:59PM (#23225028)

probably not. but while doing that (takes 10 years), all the execs and VCs get rich while the investing public is left holding the bag.

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Re:Uber cuts 3000 more jobs, closes 45 offices by blihp on Monday May 18, 2020 @01:09PM (#23225203)

I believe Amazon was the (modern) prototype of this type of business plan.

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