Uber announces 3,000 layoffs to create ‘simpler and faster’ business

• Uber Chief Executive Dara Khosrowshahi has announced plans to eliminate approximately 3,300 corporate positions, reducing the company's total global workforce by roughly 10 percent.
• The restructuring aims to create a simpler and faster business by combining operational and tech teams, reducing micro-teams by nearly 50 percent, and eliminating deep management layers across the organization.
• While affected personnel have already been notified, Uber has not disclosed the exact breakdown of job cuts across specific international locations, including its headquarters in San Francisco and its primary UK office in London.
• Alongside the corporate layoffs, Uber is strictly enforcing a hybrid work policy that mandates employees to spend three days a week in the office, reducing fully remote staff to under 1 percent.
• The organizational changes occur as the ride-hailing company prepares to launch self-driving taxis in the UK alongside robotaxi firm Wayve, though the rollout faces potential regulatory delays from transport authorities.

IN FULL

Uber to cut more than 3,000 jobs as part of a major restructuring