(Bloomberg) -- Uber Technologies Inc. isn’t considering cutting jobs even as competitors from DoorDash Inc. to Lyft Inc. slash staff to deal with an uncertain economic outlook, Chief Executive Officer Dara Khosrowshahi said Thursday.Most Read from BloombergMusk’s Neuralink Hopes to Implant Computer in Human Brain in Six MonthsLarry Summers Says Fed Will Need to Boost Rates More Than Markets ExpectGoldman Jolts Traders With Bonus Warning After Bumper HaulMusk Suspends Ye From Twitter After Offens
Tech layoffs keep growing. Yahoo Finance has been compiling an ongoing list of the latest cuts.
Uber (NYSE: UBER) has fully recovered from the COVID-19 pandemic. The trend shows Uber is taking market share from its smaller rival. There's one key advantage that is giving Uber the ability to grow its ridership faster than Lyft, and that advantage could also help it take on competitors in the delivery space, among others.