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Uber cuts 3,000 more jobs, shuts 45 offices over coronavirus pandemic: WSJ

Uber cut 3,000 more jobs and shut down 45 offices amid the coronavirus outbreak. Yahoo Finance's Adam Shapiro breaks down the latest developments.

Video Transcript

ADAM SHAPIRO: But we also want to share with you some breaking news from the "Wall Street Journal" that Uber is going to eliminate an additional 3,000 more jobs, and it is shutting 45 offices because of coronavirus. We'll have more on this as well throughout the next few hours.