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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, 12:19
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Sources

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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-mailHigh51m 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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YahooMostly Factual47m ago

Uber cutting 3,300 jobs in company-wide restructuring

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Times of IndiaMostly Factual25m 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 Factual56m 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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