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BackUber cuts over 3,000 jobs worldwide in major restructuring
Uber cuts over 3,000 jobs worldwide in major restructuring
Developing
BBC Business52 minutes agoBusiness2 min readUnited Kingdom

Uber cuts over 3,000 jobs worldwide in major restructuring

Quick Look

  • Uber is cutting more than 3,000 jobs globally, about 10% of its workforce, to reduce management layers and refocus spending on core business.
  • The move brings staffing back to 2021 levels and aims to save up to $2 billion annually, with shares rising nearly 2% after the announcement.

AI-generated summary

Why It Matters

Uber had avoided major workforce reductions since the pandemic, unlike many large technology companies cutting jobs amid heavy AI spending. The latest changes bring its workforce back to just under 30,000 people, roughly where it stood before its most recent period of expansion.

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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.

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.

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.

Shares rose nearly 2% after the announcement, with investors appearing to welcome the proposals.

Cuts affect both managers and non-managers, and Uber said it plans to fold many of its smallest teams into larger groups, however, the firm has not confirmed the locations most affected by job cuts.

Such changes are intended to make Uber "simpler" and "faster," while freeing up money to reinvest in areas it considers central to its future, Khosrowshahi said.

The restructuring comes as Uber steps up investment in autonomous vehicle partnerships and expands its ride‑hailing, delivery, and robotaxi operations.

Uber is also tightening up its office strategy, asking nearly all employees to work in person at designated hubs and limiting remote roles to about 1%.

Analysts said the layoffs could generate up to $2bn in annual savings.

Unlike many large technology companies that have cut jobs amid heavy spending on artificial intelligence (AI), Uber had avoided major reductions since the pandemic.

The latest changes bring its workforce back to just under 30,000 people, roughly where it stood before its most recent period of expansion.

What to Watch

AI outlook — possibilities, not facts

  • Uber will achieve up to $2 billion in annual savings from the restructuring

    Likely · Within months

  • Uber will maintain its focus on autonomous vehicle partnerships and robotaxi operations despite workforce reductions

    Likely · Within months

Open Questions

  • Which specific locations will be most affected by the job cuts?
  • How will the shift to in-person work impact employee satisfaction and retention?
  • What specific areas will Uber reinvest the saved funds into?
  • How will the restructuring affect Uber's autonomous vehicle partnerships and robotaxi operations timeline?

Related Topics

This article was originally published by BBC Business.

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