Episode Synopsis "Uber on or Uber Gone?"
This week had a lot of unsettling news. With companies firing large parts of their workforce and committing to having employees work remote at least till the end of the year, there is a lot of speculation going around about the future of certain businesses - restaurants, travel industry, corporate real estate etc. At BizIt today, we take a closer look at Uber. There is a strong sentiment that Uber will have a hard time coping up with the pandemic, given their earnings report and their firing of employees. However, there's also a fact that we've not seen a business like Uber and hence we shouldn't judge it the same way we judge a traditional business.