[ithinkinstereo]

Perhaps. But obviously they'd want to make this appear as the "final" wave to not overly-agitate existing employees. It'll be interesting to see how this quarter's earnings go (especially since the lockup expires in Nov). If the market reacts poorly, expect additional cost cuts.

[brink]

No, that would erode trust. Saying "this is the final wave", and following that up with a fourth wave of layoffs would be even worse for employee agitation, and have a worse long-term effect. I doubt Uber management is that dumb.

[rainyMammoth]

So you think there will NEVER be another waves of layoffs? This is obviously a statement they needed to make in order to calm down the current employees.

[WrtCdEvrydy]

> I doubt Uber management is that dumb.

Should we tell him?

[rainyMammoth]

No. Do you really think they can promise anything? It will depends on the direction of the Stock in the next month.