Uber lays off another ~350 across Eats, self-driving and other departments – TechCrunch

Uber lays off another ~350 across Eats, self-driving and other departments – TechCrunch:

For Uber’s self-driving car unit, this is its first round of layoffs since it spun out into its own unit earlier this year. Uber has previously said the team consists of more than 1,200 people and today still employs more than 1,200, despite the layoffs. according to an Uber spokesperson. Based on the terms of ATG’s $1 billion fundraising round in April, the unit is worth $7.25 billion on a post-money basis.

https://autonomous-driving-news.tumblr.com/post/188359107099

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