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Uber Cuts 3,300 Jobs in Major Corporate Restructuring

Ride-hailing giant Uber announced layoffs affecting 3,300 employees worldwide as part of a sweeping organizational overhaul designed to streamline management and accelerate growth. The restructuring follows recent financial pressures and strategic shifts within the tech sector.

2 Sept, 11:20 — 2 Sept, 12:41
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Sources

Showing 8 of 9 sources
bloombergHigh1h ago

Uber to Cut 3,300 Jobs in Company Overhaul to Reduce Management Layers

Uber Technologies Inc. is cutting about 3,300 roles, or 10% of its staff globally, in a massive restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.

By Natalie Lung

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globe-and-mailHigh1h ago

Uber to cut 3,300 jobs in management overhaul

Layoffs will reduce number of managers in the company by 20%, CEO said

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Business InsiderMostly Factual14m ago

Uber is laying off 10% of its staff as it seeks to cut management layers

Uber laid off 10% of its corporate workforce on Wednesday. Bloomberg/Getty Images Uber is laying off 10% of its corporate workforce, or 3,300 people, it said on Wednesday. The job cuts targeted management and coordination roles, CEO Dara Khosrowshahi said. It's the third round of layoffs at the company so far this year. Uber is laying off 10% of its corporate staff, joining other tech firms in cutting management layers. The ride-hailing company's move will eliminate roughly 3,300 positions,...

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YahooMostly Factual58m ago

Uber cutting 3,300 jobs in company-wide restructuring

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Times of IndiaMostly Factual37m ago

Uber lays off 3,300 employees as it restructures for faster growth

Uber is cutting approximately ten percent of its global workforce, impacting about thirty-three hundred employees. This major restructuring aims to reduce management layers and simplify company operations. Resources will be reallocated towards core ride-hailing, delivery, and robotaxi businesses. The company is also tightening remote-work policies, requiring most staff to return to offices. These changes are intended to foster growth and innovation in key areas.

By YASHASVI VASISTHA

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Korea HeraldMostly Factual1h ago

Uber to cut 3,300 jobs in management overhaul

Uber Technologies will cut ‌3,300 jobs, or roughly 10 percent of its global ‌workforce, as part of an overhaul, as it ⁠looks to reduce the number of managers, the company said ⁠on Wednesday. The cuts will ​reduce the number of managers ‌in the company by ‌20 percent, ‌CEO Dara Khosrowshahi ‌said in ​an email to employees. Uber ⁠had about 34,000 employees globally at the ⁠end ​of ⁠last year, according to its annual ​report. The ride-hailing firm's stock rose 2 percent ⁠on the ⁠news, ⁠which ‌was f

By The Korea Herald

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channel-news-asiaMostly Factual1h ago

Uber to cut 3,300 jobs in overhaul, Bloomberg News reports

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investing-com1h ago

Uber stock gains 2% as tech giant cuts 3,300 jobs in major restructuring

By Investing.com

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