Uber to cut over 3,000 jobs in global restructuring

Uber plans to eliminate approximately 3,300 positions globally as part of a significant organizational overhaul. Chief Executive Dara Khosrowshahi stated in an internal memo that the company aims to remove management layers and simplify its team structures. This action represents roughly 10% of the total global workforce, a level not reached since 2021. The firm intends for the savings to generate reinvestment capacity for growth areas such as autonomous vehicle fleets and robotaxi operations. Khosrowshahi noted that while revenue has nearly tripled in five years, expansion has created excessive complexity and coordination issues. Investors reacted positively, with shares rising nearly 2% following the announcement. The restructuring involves merging smaller units into larger groups to improve decision-making speed. While cuts affect both managers and non-managers, Uber has not confirmed specific regions or the exact number of employees reduced beyond the total figures.