Dara Khosrowshahi announced that Uber is laying off approximately 3,300 employees to streamline management and invest in core divisions.
Uber is laying off approximately 3,300 employees, representing about 10% of its global headcount. CEO Dara Khosrowshahi stated that the layoffs are part of a restructuring effort to reduce management layers and invest more in the company's ride-sharing, delivery, and robotaxi divisions.
Show the rest of this summary
In an internal email, Dara Khosrowshahi explained that the company will shrink the number of managers by 20%, with some personnel in these roles transitioning to individual contributors. The restructuring includes combining the engineering, science, and delivery divisions, as well as unifying delivery operations across the restaurant, retail, and direct divisions. The company is also reducing the number of teams with one or two members by 50% and eliminating roles that are more than seven layers down from the CEO. Additionally, Uber is moving away from remote work, allowing less than 1% of the staff to work remotely. Dara Khosrowshahi noted that while the company has grown significantly, the current complexity of its structure no longer serves the business at its current scale.
Sources
-
Uber is laying off 10% of staff, or 3,300 people
Yahoo Finance