Uber Freight
© Dennizn

CNBC reports:

Uber Freight has laid off 150 employees, or about 3% of the segment’s total head count.

The layoffs affect the division’s digital brokerage team, Uber Freight CEO Lior Ron said Monday in a message viewed by CNBC. They are the first layoffs since 2020, in the early weeks of Covid lockdowns.

Uber launched its freight unit in 2017 with a belief that trucking companies and laden goods could be matched using the same concept that underpinned the company’s ride-hailing technology. The unit booked $1.8 billion in revenue ...

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