CATHY BUSSEWITZ
AP Business Writer
NEW YORK (AP) — In a world where the coronavirus pandemic has turned social distancing into a new way of life, companies whose business models bank on people's willingness to share their personal space are now struggling.
Uber said Wednesday it's cutting 3,700 full-time workers, or about 14% of its workforce, as people fearful of infection either stay indoors or try to limit contact with others to minimize risk when they do venture out. Rival Lyft and home-sharing service Airbnb have also announced cuts because of falling usage.
The layoffs and related costs like severance will cost about $20 million for Uber, which had already imposed a hiring freeze. The San Francisco-based company has offered up to 14 days of financial assistance to drivers and
