Impact of COVID-19 on Uber: Business Strategy and Recovery Analysis

This report examines the significant impact of the COVID-19 pandemic on Uber's business operations. It explores how the pandemic affected Uber's ride-hailing and food delivery services, leading to substantial revenue declines. The report analyzes the challenges faced by Uber, such as reduced demand and increased safety concerns, and the strategies the company employed to adapt, including changes to passenger capacity and service offerings. Furthermore, the report highlights the workforce reductions and the broader implications of the pandemic on Uber's business model and future planning. The conclusion summarizes the major findings, emphasizing the substantial losses incurred and the long-term effects on the company's performance. The report also references relevant academic sources to support its analysis.

Uber

Table of Contents
Introduction
Main Body
Impact of covid 19 on Uber
Conclusion
References

INTRODUCTION
 Covid 19 has adversely affected the business and Uber is one of the company who got
badly affected by this pandemic.
 Uber is the American company which provide services like food and package delivery,
ride etc.

Impact of covid 19 on Uber
 Coronavirus has forced Uber to put break on the future
planning which is related with its food delivery services
like Uber eats.
 The ride hailing services of Uber has stopped because of
the pandemic.
 The revenue of the company has dropped down drastically.

Cont..
 After covid Uber has come up with the rule that
the cab will be shared by only two passengers.
 If it is shared by only two people then it has
become expensive and people now avoiding the
cab.
 By considering the safety measures people are
using their own vehicles rather than using Uber.

CONCLUSION
 Through this report it can be concluded that covid 19 has done huge loses to the
company.
 The losses in not only in terms of revenue but also in terms of effective workforce.
 Company has lay off many employees because they are not making business and if the
company is not earning then how they will give salary to the employees.

REFERENCES
Books and journals
 Donthu, N. and Gustafsson, A., 2020. Effects of COVID-19 on business and research.
Journal of business research.117. p.284.
 Seetharaman, P., 2020. Business models shifts: Impact of Covid-19. International
Journal of Information Management.54. p.102173.