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DARA KHOSROWSHAHI
Dara Khosrowshahi, the chief executive officer of Uber, has been awarded options to purchase stock valued at approximately $136 million after successfully achieving a performance target aimed at securing a $120 billion valuation for the ride-hailing company.
As the gradual easing of the lockdown begins to take full effect, Uber adopted new technology to ensure compliance among drivers and passengers.
The Chief Product Officer of Uber, Manik Gupta is stepping down from the company. The resignation would be effective from December 13, 2019.
Uber has just dismissed a total of 435 employees from its firm to shore up more profit. The employees represent 8% of members of staff running the company's Engineering and Product team.