The gig economy is crumbling during the coronavirus pandemic. Uber announced it is laying off 3,700 employees — nearly 14% of its 26,900-strong workforce. The company revealed the move in a filing with the Securities and Exchange Commission submitted on May 2, 2020. The majority of layoffs will affect the company‘s customer support and recruitment teams, according to the documents. “Due to lower trip volumes in its rides segment and the [Uber’s] current hiring freeze, [Uber] is reducing its customer support and recruiting teams by approximately 3,700 full-time employee roles,” the filing reads. “In connection with these actions, [Uber] estimates…

This story continues at The Next Web

Or just read more coverage about: Airbnb,Uber