Uber Chief Executive Dara Khosrowshahi said in Davos that he was not currently planning any company-wide layoffs.
The company has worked to cut costs for months, early enough relative to others that a memo the CEO wrote on this tougher stance "landed a bit like a lead balloon initially," Khosrowshahi said at a Wall Street Journal event on the sidelines of the World Economic Forum's annual meeting.
He said that 20 percent of Uber's car fleet could be self-driving in 12 to 15 years. The company is interested in talking to manufacturers about the purpose-built cars for ride share.
