Indeed. In 2019 they had GAAP revenue of $14 billion (and GAAP net loss of $8.5 billion). The article is clearly wrong, their quarterly revenue is way above $39

Indeed. In 2019 they had GAAP revenue of $14 billion (and GAAP net loss of $8.5 billion). The article is clearly wrong, their quarterly revenue is way above $39 million - they haven’t reported Q1 2020 earnings yet, but revenue will be in the billions. Regardless, layoffs are necessary. Even before COVID, Uber was burning money at an absolutely insane rate, and really don’t have much runway for a public company. Obviously COVID makes the situation much worse. Heavy layoffs suck for everyone who loses their job, but they are necessary here.