Uber layoffs: 3,300 jobs cut, CEO Dara Khosrowshahi says 'this is a lot of change'
Uber is cutting about 3,300 jobs, roughly 10 percent of its global workforce, in its biggest restructuring since 2020. CEO Dara Khosrowshahi said the layoffs remove management layers, merge delivery and engineering teams, and free up capital for Uber's robotaxi push. Manager numbers fall 20 percent and fully remote roles drop to about 1 percent. Headcount now returns to 2021 levels. Khosrowshahi…
Uber has announced a major restructuring, cutting about 3,300 jobs, or nearly 10% of its global workforce. This is the sharpest restructuring the company has attempted since the pandemic. The decision, announced in a companywide email by CEO Dara Khosrowshahi, aims to address an organization that has grown too complex. The restructuring targets the organization's structure, reducing the number of managers by 20%, consolidating micro-teams, and merging teams where the split had stopped making sense.
Uber plans to concentrate global teams in New York and San Francisco, regional teams in designated hubs, and tech teams in tech hubs, while asking most remote employees to move to an office. The company has committed over $10 billion to robotaxi partnerships, which explains the timing of the layoffs. Uber shares fell nearly 8% following the announcement, but rose about 2% in premarket trade the next day.
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