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Uber cuts more than 3,000 jobs in global restructuring to fund autonomous vehicle operations
- Perry Richardson
- 4 hours ago
- 1 min read
Uber is cutting more than 3,000 jobs worldwide as part of a major restructuring intended to simplify the business and refocus investment on its core operations.
The reductions represent roughly 10% of Uber’s global workforce and will leave the company with just under 30,000 employees, returning staffing to levels last seen in 2021. Both managerial and non-managerial roles will be affected, although Uber has not confirmed which locations will face the largest cuts.
Chief executive Dara Khosrowshahi told employees that Uber had expanded rapidly but accumulated too many management layers and small teams, slowing decision-making. Many smaller units will now be folded into larger groups to make the company “simpler” and “faster”.
Khosrowshahi said the changes would place Uber in a better position for its “biggest opportunities ahead of us”, while releasing money for areas considered central to its future.
The restructuring comes as Uber increases investment in autonomous vehicle partnerships and expands its ride-hailing, delivery and robotaxi operations. Analysts said the job cuts could generate annual savings of up to $2bn.
Uber is also tightening its workplace policy, requiring nearly all employees to work in person at designated hubs and restricting remote positions to about 1% of roles. Shares rose nearly 2% following the announcement.
