Another senior executive is leaving Uber as the company struggles to turn a profit.
A company spokesman says Chief Product Officer Manik Gupta is stepping down after four years with
Uber is laying off 350 employees from its food delivery, autonomous vehicles, safety, insurance and other teams.
The move is the latest in a string of staff reductions at the
By Cathy Bussewitz
Uber lost $5.24 billion in the second quarter — its largest quarterly loss ever — after making huge stock-based payouts in the months following its initial public offering.
