Uber plans to cut 200 worldwide recruitment jobs in effort to streamline operations

Ride-share giant Uber Technologies announced its plans to cut 200 jobs within its recruitment division, as part of an ongoing effort to streamline operations and maintain headcount through 2023.

The reduction represents less than 1% of Uber's global workforce, which currently stands at around 32,700 employees.

Sources from the Wall Street Journal indicate that the cuts will specifically target 35% of Uber's recruiting team, with the goal of optimising costs and improving operational performance. This move follows a similar downsizing in Uber's freight services division earlier this year.

Uber had already reduced its workforce by 17% during the COVID-19 pandemic in 2020. The global ride-hail giant have however expressed confidence in achieving operating income profitability by the end of this year and intends to maintain a flat workforce after experiencing a decline in headcount during the first quarter of 2023.

By cutting costs and optimising operations, Uber seeks to improve its financial standing and maintain its competitive edge in the ride-sharing market.