Uber cuts 3,300 jobs in global restructuring to boost core businesses
Uber Technologies Inc. is eliminating approximately 3,300 roles, representing 10% of its global workforce, to reduce management layers and remote work. This marks the company's largest round of layoffs since the pandemic. CEO Dara Khosrowshahi stated the restructuring aims to reallocate spending toward ride-sharing, delivery, and robotaxi operations amid intensifying competition from Waymo and Tesla.