Uber is recession resistant, doesn't see a need for job cuts: CEO Dara

Uber CEO Dara Khosrowshahi during an event said that the company is "recession resistant" and doesn't see a need for job cuts amid market volatility and technology companies opting for cost-cutting and slow hiring. Earlier in May, Khosrowshahi told his employees over an email that Uber will treat hiring as a 'privilege' while announcing a need for job cuts.