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Tech News
Uber cut about 3,300 corporate jobs last week, roughly 10% of its corporate workforce, in its largest reduction since the pandemic. CEO Dara Khosrowshahi told the Goldman Sachs Communacopia + Technology Conference that savings from the cuts and reduced insurance costs would be reinvested, including lowering fares for riders, while more than $1 billion is earmarked for Uber's self-driving car efforts.
Uber CEO Dara Khosrowshahi announced the company will shrink its workforce by about 10%, or roughly 3,300 employees, marking its biggest round of job cuts since the pandemic. The move focuses heavily on middle management roles, part of a broader corporate trend of flattening organizational structures.
Uber confirmed on Wednesday it is cutting roughly 3,300 jobs, or about 10% of its 34,000-person workforce as reported in its latest annual filing. CEO Dara Khosrowshahi framed the move as an effort to make the company 'simpler' and 'faster,' without citing artificial intelligence as a driver of the cuts. Uber's stock rose following the announcement.
Uber is cutting about 10 percent of its roughly 34,000-person workforce as part of a reorganization that removes management layers and merges overlapping teams. CEO Dara Khosrowshahi told staff the changes aim to reduce coordination overhead and speed up decision-making, while consolidating global teams primarily in New York and San Francisco. The company is also requiring most remote workers to relocate to an office and enforcing its three-day-a-week hybrid policy.
Uber announced it will reduce its workforce by 10%, aiming to eliminate layers of management and cut costs. CEO Dara Khosrowshahi told employees the restructuring will simplify operations and free up resources to invest in areas like autonomous vehicles, where Uber has pledged over $10 billion. The company, which had roughly 34,000 employees at the end of 2025, did not disclose exact job-cut figures but confirmed shares rose nearly 2% following the announcement.
Uber is eliminating roughly 3,300 positions worldwide, around 10% of its total staff, as part of a broader restructuring effort announced by CEO Dara Khosrowshahi in an internal memo. The plan includes cutting management ranks by 20%, shrinking small teams, merging engineering and delivery units, and ending remote work for nearly all employees.