News / Taxis or tech? The dilemma for its parent as Uber Freight keeps burning cash

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Uber Freight is forging partnerships with software providers in an effort to broaden its appeal, but will it be enough to avoid the chop from its parent company?

Uber is in the process of a strategic review of its business, recently laying off 3,000 employees and closing 45 offices, following an earlier purge that saw over 3,700 staff go.

In an e-mail to employees, Uber CEO Dara Khosrowshahi said management was “making really, really hard choices right now”.

A major part of this ...