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The Economic Times
The Economic Times
National
Trending Desk

Uber Layoffs: CEO Dara Khosrowshahi Says “This wasn’t a decision we made lightly” as company cuts 3,300 jobs globally

Uber Technologies is cutting around 3,300 jobs globally, or roughly 10% of its workforce, as part of a major restructuring aimed at reducing management layers and redirecting spending towards ride-sharing, delivery and autonomous driving businesses.

The layoffs were announced on Wednesday in a companywide email from CEO Dara Khosrowshahi. He described the move as an effort to simplify an organisation that had developed too many layers between decision-makers and teams building products. Most employees affected by the cuts have already been informed, except in countries where local labour laws require a longer consultation process.

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