Uber CEO tells staff company will cut down on costs, treat hiring as a 'privilege' - CNBC

Uber will slash spending on marketing and incentives and treat hiring as a "privilege," CEO Dara Khosrowshahi said in an email to staff on Sunday.

Uber will cut back on spending and focus on becoming a leaner business to address a "seismic shift" in investor sentiment, CEO Dara Khosrowshahi told employees in an email obtained by CNBC. "After e… [+7660 chars]

full article...