Uber Technologies announced on September 2 that it will cut roughly 10% of its global corporate workforce, about 3,300 of its 34,000 employees, its largest layoffs since the pandemic. CEO Dara Khosrowshahi told employees the changes are designed to make Uber simpler and faster and to create more capacity to invest in the future, including the company's previously announced plan to spend more than $10 billion on autonomous vehicles in the coming years. The cuts target organizational bloat specifically: teams of one or two direct reports will shrink by roughly half, and employees more than seven reporting layers from the CEO will be reduced by 20%. Uber is also combining its engineering, science, and delivery divisions and concentrating staff in hubs like New York and San Francisco, with only about 1% of employees permitted to keep working remotely. Khosrowshahi did not cite AI as a reason for the cuts, unlike Meta's recent layoffs.
Uber Technologies IncUber cuts 10% of workforce (~3,300 jobs) to free capacity and fund its $10B+ autonomous-vehicle investment.
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