Uber Lays Off 3,300 Employees in Major Global Restructuring
· Business · Times of India, qz
Uber Technologies will cut approximately 3,300 jobs, representing about 10% of its global workforce, as part of a restructuring plan to accelerate growth. CEO Dara Khosrowshahi stated in an email to employees that the cuts will reduce management layers by 20% and eliminate small micro-teams by nearly 50%. The reorganization focuses resources on the company's core ride-hailing, delivery, and robotaxi businesses. Uber is also tightening remote-work policies, requiring global teams to operate out of hubs in New York and San Francisco.
Why it matters
Thousands of Uber employees globally face job losses as the company slashes management layers and shifts focus to core transportation and delivery sectors.
Read the original report — Times of India
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