Uber is laying off 10% of its staff as it seeks to cut management layers
Uber is laying off 3,300 employees, representing 10% of its corporate workforce, as part of a restructuring effort to reduce management layers. This marks the company's third round of layoffs this year as it seeks to simplify its organizational structure.
Why it matters
The move highlights ongoing cost-cutting trends within the tech sector as companies prioritize operational efficiency over rapid expansion.
Uber laid off 10% of its corporate workforce on Wednesday. Bloomberg/Getty Images Uber is laying off 10% of its corporate workforce, or 3,300 people, it said on Wednesday. The job cuts targeted management and coordination roles, CEO Dara Khosrowshahi said. It's the third round of layoffs at the company so far this year. Uber is laying off 10% of its corporate staff, joining other tech firms in cutting management layers. The ride-hailing company's move will eliminate roughly 3,300 positions, the company said on Wednesday. The job cuts focused on management and coordination roles, CEO Dara Khosrowshahi wrote in a memo to staff.
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