Balloon costs make headlines as Uber’s US office cuts $200k bill

Balloon costs have been making headlines as Uber’s US office has cut its $200k balloon bill and will be replacing the traditional staff anniversary balloons with stickers.

According to an email from Uber chief financial officer Nelson Chai, which went out to employees earlier this month, balloons have been cut from the budget as part of the company’s effort to cut back on costs.

The giant helium balloons, which had previously been used to mark the work anniversary for each member of staff, cost the company over $200,000 a year (£165,000) and will be replaced with stickers instead.

“It’s not only a great way to find dollars we can invest back into the business, it’s also more environmentally friendly,”said Uber cfo Nelson Chai, according to the report in Crunchbase News.

The cuts to the balloon budget were reportedly part of a scheme called #FindTheMoney, hich saw Uber employees suggesting ideas on how to save the company money.

MORE NEWS
Copy of Progressive Preschool featured image (66)
 
The 2025 Products of Change Conference will be held on 5th November and remains the only sustainability event dedicated to the licensing industry. ...
Copy of Progressive Preschool featured image (71)
 
Brand Licensing Europe exhibitors are invited to show support by donating product samples from their stands in October. ...
Copy of Progressive Preschool featured image (70)
 
Poppers the Party Shop is up for sale after 20 successful years, as its owner prepares for retirement. ...
sm-pr-25036D-DrSeussPressRelease-square-
 
Smiffys has signed a new licensing agreement with Dr. Seuss Enterprises to create an officially licensed costume collection inspired by Dr. Seuss stories....
Copy of Progressive Preschool featured image (69)
 
Broughty Ferry-based indie, Party Time, will close it's doors this weekend (Saturday 29 March, 2025) after 32 years in business....
Copy of Progressive Preschool featured image (40)
 
Boots, Dunelm, Lululemon, Matalan, MINISO and Poundland are among the new retailers participating in this year’s Retail Mentoring Program organised by Brand Licensing Europe (BLE). ...
Get the latest news sent to your inbox
Subscribe to our daily newsletter