Thanks for posting this. It's been interesting to see Uber's engagement with its other businesses (like freight): they've been running trucks at a loss for several years now, it seems, and folks have wondered how long this can continue. That's a funny thing about Uber and more generally VC cash -- it can really cause 'artificial distortions' in industries. Will these layoffs reduce some of these distortions and return some of these industries to for-profit vs for-profit, instead of loss-leader vs normal business?