Uber laying off 400 two weeks ago felt like a leading indicator that they were going to deliver a weak quarter, I'm surprised this wasn't priced into the stock

Uber laying off 400 two weeks ago felt like a leading indicator that they were going to deliver a weak quarter, I'm surprised this wasn't priced into the stock (which is now down ~10% after hours after finishing today's session at +8%). What was the market expecting? (1) https://www.nytimes.com/2019/07/29/technology/uber-job-cuts.html https://www.nytimes.com/2019/07/29/technology/uber-job-cuts....