San Francisco · BBC Technology
The cuts amount to roughly 10% of its global workforce, bringing staffing back to levels last seen in 2021
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Chief executive Dara Khosrowshahi told staff in a company email that the taxi and delivery firm had expanded quickly but accumulated too many layers and small teams that slowed decision‑making.
Key facts
- The cuts amount to roughly 10% of its global workforce, bringing staffing back to levels last seen in 2021
- Analysts said the layoffs could generate up to $2bn in annual savings
- Shares rose nearly 2% after the announcement, with investors appearing to welcome the proposals
- The latest changes bring its workforce back to under 30,000 people, roughly where it stood before its most recent period of expansion
Summary
Uber is cutting more than 3,000 jobs worldwide as part of a major overhaul designed to shrink management layers and refocus spending on its core business. The cuts amount to roughly 10% of its global workforce, bringing staffing back to levels last seen in 2021. He said the reductions would put Uber, which has its global head office in San Francisco, US, in a better position for its "biggest opportunities ahead of us". The move marks one of Uber's largest restructurings in years and signals a shift towards a leaner operating model.