Uber to cut 3,300 jobs in company overhaul to reduce management layers
Chief Executive Officer Dara Khosrowshahi announced the changes in an email obtained by Bloomberg News, saying that Uber’s growth in recent years has created “more layers, more coordination, more fragmented ownership, and in some cases structures that made sense when businesses were smaller but no longer serve us well at our current scale.”
Uber is reducing its workforce by about 10%, which amounts to roughly 3,300 positions globally. CEO Dara Khosrowshahi announced the restructuring in an email to staff, noting that the company's recent growth has led to an increase in management layers, coordination, and fragmentation of ownership. The cuts will result in a 20% reduction in the number of managers, some of whom will transition to individual contributor roles.
Uber aims to simplify its structure and focus resources on its ride-sharing, delivery, and robotaxi businesses. The company is also streamlining teams with few members and reducing the number of employees more than seven layers removed from the CEO. Uber plans to invest the savings generated from these changes back into growth, innovation, and the autonomous future.
The layoffs come as Uber commits over $10 billion to robotaxi partnerships and has reduced investments in some companies while increasing funding for businesses like Avride Inc., Lucid Group Inc., Nuro Inc., and Rivian Automotive Inc.
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