Uber job cuts slash 3,300 roles in global management overhaul
Uber Technologies is eliminating 3,300 positions, amounting to roughly 10% of its global workforce, through a sweeping corporate restructuring. The workforce reduction directly affects corporate employees and administrative staff worldwide as the ride-hailing company targets a significant contraction in its internal hierarchy.
Managerial Ranks Shrink by Fifth Under Khosrowshahi
Chief Executive Officer Dara Khosrowshahi confirmed the layoffs in an internal email to employees distributed on Wednesday, outlining a plan to scale back supervisory positions by 20% globally. The reorganization aims to streamline overall business operations across the organization.
Prior to the restructuring, Uber maintained a global headcount of approximately 34,000 employees at the conclusion of the previous year, according to company annual report data. Financial markets reacted to the announcement, initially reported by Bloomberg News, with the firm’s stock climbing 2% following the disclosure.
