Company Reports – Page 88

Uber Reports Record Revenue as It Defies the Economic Downturn

The company, which was hit hard in the early stages of the pandemic, saw revenue jump 49 percent from the same period a year ago.

By Kellen Browning

The company is cutting 15 percent of its work force, or about 1,300 jobs, citing “the uncertainty of the global economy.”

By Isabella Simonetti

The company said global concerns about energy security prompted the change, as it reported record profits for 2022.

By Stanley Reed

The company reports quarterly earnings on Wednesday, and Wall Street is expecting it to lay out a new streaming strategy and operating structure.

By Brooks Barnes