Uber is laying off more than 3,000 employees, representing 10% of its workforce, to streamline operations and refocus on its core business.
Key facts
- •The job cuts affect approximately 10% of Uber's global workforce.
- •The company's total headcount will return to just under 30,000 people.
- •Uber has not confirmed which specific geographic locations will be most affected by the layoffs.
- •The restructuring is intended to make the company 'simpler' and 'faster' according to CEO Dara Khosrowshahi.
- •Uber shares increased by nearly 2% following the announcement.
Uber is cutting more than 3,000 jobs worldwide, amounting to approximately 10% of its global staff. Chief executive Dara Khosrowshahi stated the move is intended to reduce management layers and accelerate decision-making at the San Francisco-based company. The restructuring aims to return staffing levels to those seen in 2021.
By the numbers
Operational and Office Changes
The company plans to consolidate smaller teams into larger groups to create a leaner operating model. Alongside the layoffs, Uber is tightening its office policy, requiring nearly all staff to work in person at designated hubs, with remote roles limited to approximately 1% of the workforce.
Strategic Focus and Financial Impact
Uber intends to use the savings from this restructuring to reinvest in its core ride-hailing, delivery, and robotaxi operations, as well as autonomous vehicle partnerships. Analysts estimate the layoffs could result in up to $2 billion in annual savings. Following the announcement, Uber shares rose nearly 2%.
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This article was independently rewritten by ManyPress editorial AI from reporting originally published by BBC Technology.
