Urgent.News

What's breaking now, across thousands of outlets.

Business

Uber says laying off 'about 10%' of workforce worldwide

Uber has a total of roughly 34,000 employees with operations in more than 70 countries, according to a recent SEC filing

Uber says laying off 'about 10%' of workforce worldwide

Uber is reducing its workforce by approximately 10 percent globally, according to CEO Dara Khosrowshahi's message to employees. The company, which boasts about 34,000 employees across more than 70 countries, aims to streamline operations and make its platform simpler and faster. Khosrowshahi stated that the layoffs would result in clearer ownership, faster decision-making, and more time spent building rather than coordinating.

The restructuring is designed to eliminate managerial layers, with only a small percentage of employees allowed to work remotely in the future.

Written by urgent.news from The Hindu - Sci-Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at thehindu.com →

More in Business

Japan Moves toward Fully Lifting U.S. Fresh Potato Import Ban

Tokyo, Sept. 3 (Jiji Press)--Japan is advancing procedures that could lead to the full lifting of its ban on imports of fresh potatoes from the United States, even as concerns persist about quarantine…

  • Japan plans to lift full ban on U.S. fresh potato imports.
  • Agriculture ministry to assess quarantine measures for pests.
  • Exemption granted in 2006 for U.S. potatoes in chip production.

More from Thursday 3 September →