Uber, Lyft and Airbnb cut thousands of jobs as pandemic batters Silicon Valley

May 08, 2020 at 11:00AM

Juul, Yelp and hundreds of startups among tech firms cutting jobs while Amazon and Zoom see huge boosts

The economic fallout from the coronavirus has come to Silicon Valley, with major tech firms announcing layoffs in recent weeks.

On Wednesday, Uber became the latest company to announce cuts, revealing in a filing to the Securities and Exchange Commission that it will lay off 3,700 workers – roughly 14% of its global workforce.

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