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The economic fallout from the coronavirus has come to Silicon Valley, with major tech firms announcing layoffs in recent weeks.
On Wednesday, Uber became the latest company to announce cuts, revealing in a filing to the Securities and Exchange Commission that it will lay off 3,700 workers – roughly 14% of its global workforce.
Uber cited the pandemic in its filing, saying Covid-19 had affected its entire business, including financial performance, investments in new products, ability to (...)