Uber to cut 10% of workforce in bid to move 'simpler and faster'
Uber announced plans to cut 10% of its workforce to streamline management layers, reduce costs, and accelerate decision-making, aiming to become 'simpler and faster.' CEO Dara Khosrowshahi clarified that these cuts are not due to AI but are intended to improve efficiency and enable future investments, such as in autonomous vehicles.
Why it matters
This significant layoff reflects a broader trend in the tech industry towards organizational restructuring and efficiency, even for profitable companies, impacting thousands of employees and signaling a strategic focus on leaner operations and long-term investments.
Uber on Wednesday announced plans to slash 10% of its workforce in a move to consolidate management layers and trim costs.
"The changes we're making today are designed to do two things: make Uber simpler and faster, and create more capacity to invest in our future," CEO Dara Khosrowshahi wrote in an email to employees. That includes its previous plans to commit more than $10 billion to autonomous vehicles in the coming years.
The ride-hailing company's shares rose nearly 2%.
Uber declined to comment on the number of jobs cut. The company had around 34,000 employees at the end of 2025, according to an annual filing.
Uber is the latest company to flatten management structures to speed up decision-making and improve efficiency. Tech giants like Google have made similar moves in recent years.
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