Uber executive buys $5.3 million in stock after job-cut announcement, Barron's reports
Barron's says Chief Operating Officer Andrew Macdonald bought 70,000 shares days after Uber announced plans to cut about 10% of its workforce.
TLDR
Uber Chief Operating Officer Andrew Macdonald bought 70,000 shares for $5.3 million, Barron's reports. The purchase came days after the company announced it would cut about 10% of its workforce, according to the publication.
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