3 ms·

Uber laying off several hundred people is not a signal for a market recession. How is your comment relevant?

• rubicon33 7y ago
  I didn't say that it was.
  • bduerst 7y ago
    Okay. How is your comment relevant to Uber layoffs?
    • rubicon33 7y ago
      Because Uber is heavily funded by investors. Layoffs from Uber, likely point to tightening of investor funds. That's how.
      • bduerst 7y ago
        Uber is publicly traded, they can no longer do funding rounds as they always have. That is more likely a reason for layoffs than uber fearing investors fearing recession. If anything it's a signal that the company is publicly traded, not recession fears.