Uber freezes hiring of tech staff in US, Canada to counter mounting losses

Last week, Uber said it was cutting 400 marketing employees around the world

Uber Technologies Inc said it instituted a hiring freeze for employees working on software and services across the US and Canada, as the ride-hailing company faces mounting losses.

An Uber spokesman said Friday that the San Francisco-based company has put a pause on hiring new software engineers and product managers. Those teams had exceeded their hiring goals for the year, he said. The freeze will not include workers in Uber’s freight or autonomous vehicles businesses.

“We are continuing to aggressively hire talent, including many engineers, all over the world,” the spokesman said. “We temporarily hit pause on some teams while we ensure