End of the line for Uber?

Re:End of the line for Uber? by api on Tuesday August 10, 2021 @04:37PM (#28134113)

Maybe the company as it stands is so inefficient and cash burning that it can't actually compete with taxis. In that case a slimmed down Uber may be able to do so, but that would require a lot of blood to flow inside the company.

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Re:End of the line for Uber? by neonate on Tuesday August 10, 2021 @04:42PM (#28134199)

If the argument is not "Uber can never be profitable" but "Uber can never be profitable without a brutal corporate reorg", that's more plausible. But it's also a much weaker claim, no? Brutal corporate reorgs are a thing and I suppose that sometimes they even work.

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