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The ‘Great Flattening’ rolls on as Uber lays off middle managers

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Why This Matters

Uber's decision to lay off 10% of its workforce highlights a broader industry trend toward organizational flattening aimed at increasing efficiency and agility. This shift impacts both the tech industry and consumers by potentially streamlining services and reducing costs, but also raises concerns about job security and innovation. Understanding these changes is crucial for stakeholders navigating the evolving tech landscape.

Key Takeaways

More companies continue to flatten and trim their org charts. Whether or not the trend is good for business is still up in the air. Uber is reducing its workforce by 10%, or about 3,300 workers, in its largest job cuts since the pandemic, CEO Dara Khosrowshahi announced yesterday.