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Uber Freight lays off 150 workers, hitting Chicago
The layoffs at Uber Freight are the latest to hit the tech sector, including cuts announced today by SAP and IBM.
SAP said it’s cutting 3,000 jobs, or about 2.5% of its workforce. The Berlin-based software maker recently employed about 1,800 people in Chicago and the suburbs. Much of the cuts are likely associated with Qualtrics, which SAP acquired in 2019 and now wants to sell.
IBM will cut 3,900 jobs or about 1.5% of its workforce, largely related to spinoffs of Watson Health and a unit involved in technology-infrastructure outsourcing, Reuters reported.
The layoffs add to a growing list of job cuts across the technology sector that are significant in absolute numbers—more than 10,000 each at Google, Microsoft, Amazon…