Uber lays off hundreds more workers as it struggles to make money

SACRAMENTO: Uber laid off 435 workers in its product and engineering teams Tuesday, the company’s second round of cuts in recent months as it struggles to make money.

The cuts, which total about 8% of Uber’s global product and engineering group, follow 400 layoffs in July from the marketing team. In a message to employees about the layoffs Tuesday that was viewed by The New York Times, Uber’s chief executive, Dara Khosrowshahi, said the company had gone off course as it grew and must streamline to regain its competitive edge.