After 3,300 job cuts, Uber CEO Dara Khosrowshahi has a promise for customers

Uber cut about 3,300 jobs earlier this month, close to 10% of its global headcount, and chief executive Dara Khosrowshahi now says riders should eventually see the result of that decision on their fare screen. Speaking at the Goldman Sachs Communacopia + Technology Conference last week, he said the money freed up by the restructuring is going straight back into the business, and that cheaper rides sit near the top of that list.The cuts were Uber's largest since the pandemic, and they were not presented as a rescue operation. Khosrowshahi has described the company as growing, profitable and held back mainly by its own org chart. What the layoffs buy, in his telling, is speed and spending room at a moment when robotaxi rivals are moving into cities Uber treats as home turf.Uber layoffs: where the savings are actually goingHe was fairly specific about the destination.