The new Uber office in Dallas will be the company's largest employment hub outside of its San Francisco headquarters.
"It’s official: Uber Technologies will open an office of at least 3,000 employees in Deep Ellum and plans to turn Dallas into its largest hub outside of its San Francisco headquarters," reports Melissa Repko.
"Uber will hire or relocate about 400 employees to Dallas by the end of the year, said Chris Miller, senior manager of public policy in Texas," according to Repko. "It will move into a tower on the edge of downtown Dallas in July 2020 and then into a taller tower on the same site about two years later."
"State, city and county leaders approved nearly $36 million in economic incentives to bring Uber to Dallas," adds Repko. Some of the projects that will be funded to entice the company to Deep Ellum include public realm improvements like bike infrastructure and sidewalks.
The announcement comes after weeks of rumors about the move and bad press after the company recently revealed that it lost $5.2 billion in the last fiscal quarter.
FULL STORY: Uber makes it official: It will set up major hub in downtown Dallas by end of year
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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