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by rubicon33 3291 days ago
> they have little advantage over other companies and can't for the life of them turn a profit.

At this point why doesn't Uber just lay off a HUGE portion of their staff and kill the R&D. It's hard to imagine if they downsized significantly and quit investing in self driving cars, that they couldn't tip the needle into profitability.

Isn't that a fairly common move for a startup? Burn money to get off the runway, then downsize to stabilize?