Uber Laying Off 3,300 Employees to Fund AI and Autonomous Vehicles
· Business · India Today, Indian Express
Uber is cutting 3,300 jobs, representing 10 per cent of its global workforce, as part of a major organizational restructuring. CEO Dara Khosrowshahi announced the cuts in an email to employees, stating the move will reduce management layers by 20 per cent and speed up decision-making. The company plans to redirect savings toward growth initiatives, AI development, and autonomous vehicle plans. Uber is also consolidating teams, combining delivery operations and core engineering units, while requiring most remote employees to return to offices in hubs such as New York and San Francisco.
Why it matters
The restructuring affects thousands of corporate and managerial employees globally while signaling a strategic shift toward autonomous driving and AI investments.
Read the original report — India Today
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