Uber cuts 3,300 jobs, 10% of workforce, to reduce management layers and simplify operations
Uber Technologies announced it will cut approximately 3,300 jobs, about 10% of its global workforce, as part of a restructuring to reduce management layers and streamline operations. CEO Dara Khosrowshahi said the company’s rapid growth created excessive layers and fragmented ownership. The cuts will reduce managers by 20%, limit fully remote workers to 1%, and redirect savings toward autonomous vehicle technology, ride-sharing, and delivery. Uber shares rose 2.4% following the announcement.
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Uber plans 10% workforce reduction as revenue and profit rise
Uber Technologies announced a plan to cut approximately 10% of its global workforce, affecting around 3,400 roles, as part of a restructuring to simplify operations, reduce management layers, and concentrate teams in key office hubs. The move comes despite strong financial performance: for the quarter ended June 30, 2026, Uber reported revenue of $14.19 billion (up 12.2%), operating income of $1.89 billion (up 30.3%), and net income of $2.39 billion (up 76.7%). CEO Dara Khosrowshahi stated the changes aim to make the company 'simpler and faster' and free up capacity for future investment. The company has reduced the number of employees seven or more layers from the CEO by 20% and cut micro-teams by nearly 50%. Global teams will be concentrated in New York and San Francisco, with most remote employees required to relocate to offices; only about 1% of employees will remain remote. The restructuring coincides with Uber's expansion into autonomous driving, including a launch of supervised autonomous rides with Wayve in London using Ford Mustang Mach-E vehicles.
Uber to cut 3,300 jobs as it strips out management layers
Uber Technologies Inc announced it is cutting approximately 3,300 jobs, representing about 10% of its global workforce, as part of a restructuring effort to simplify its management structure and reduce costs. CEO Dara Khosrowshahi informed employees that the company had expanded rapidly in recent years, creating additional layers and management structures that are no longer suitable for its current scale. The restructuring will remove management layers, streamline divisions, and redirect savings towards future investment. The changes also include adjustments to Uber's global location strategy. The job cuts follow Uber's decision last month to soften its outlook, increasing pressure on management to improve efficiency while maintaining investment in growth. Uber employed around 34,000 people globally at the end of last year. Following the announcement, Uber shares edged higher in US trading.
Uber to Cut 3,300 Jobs in Management Overhaul to Focus on Robotaxi and Delivery
Uber Technologies announced it will cut approximately 3,300 roles, representing 10% of its global workforce, as part of a major restructuring effort. The job cuts are aimed at reducing management layers and reallocating spending into the company's core businesses: ride-sharing, delivery, and robotaxi services. The announcement was made on September 2, 2026, and reported by Bloomberg. The restructuring reflects Uber's strategic shift to streamline operations and invest more heavily in autonomous vehicle technology and delivery services. The news was published on Yahoo Finance, citing Bloomberg's coverage. Uber's stock ticker (UBER) showed a slight decline of 0.64% following the announcement.
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Uber to cut 10% of workforce in bid to move 'simpler and faster'
Uber announced on Wednesday plans to cut 10% of its workforce as part of a restructuring effort to consolidate management layers and reduce costs. CEO Dara Khosrowshahi communicated the decision in an email to employees, stating the changes are designed to make Uber 'simpler and faster' and create more capacity to invest in future growth. The cuts include reducing small teams by nearly half and trimming employees seven steps away from the CEO by 20%. The company is also combining teams and requiring most employees to return to the office, with only about 1% allowed to continue working remotely. Khosrowshahi did not attribute the layoffs to artificial intelligence, which has driven recent tech layoffs. Uber's shares rose about 2% in premarket trading following the announcement.
Uber Shares Rise 2.4% as Company Plans 3,300 Job Cuts in Restructuring
Uber Technologies (NYSE:UBER) shares rose 2.4% on Wednesday morning following a Bloomberg report that the company plans to eliminate approximately 3,300 positions, representing about 10% of its global workforce, as part of an organizational restructuring. The changes are intended to reduce management layers and simplify the company's organizational structure. A company spokesperson said the restructuring will reduce the number of managers at Uber by approximately 20%, with some managers moving into individual contributor positions. In an email obtained by Bloomberg News, CEO Dara Khosrowshahi said Uber's growth had resulted in more layers and fragmented ownership that no longer serve the company well at its current scale. Uber plans to reduce by nearly half the number of teams consisting of only one or two employees and decrease the number of employees working more than seven organizational layers below the CEO. The company is also changing its approach to remote working, limiting fully remote employees to approximately 1% of its workforce. Khosrowshahi said the restructuring will generate savings that will be reinvested in growth, innovation, and capabilities including autonomous vehicle technology and improvements to core ride-sharing and delivery operations.
Uber to cut 3,300 jobs in company overhaul to reduce management layers
Uber Technologies is cutting 3,300 jobs as part of a company overhaul aimed at reducing management layers. The cuts will reduce the number of managers in the company by 20%. CEO Dara Khosrowshahi stated that Uber's growth in recent years has created 'more layers, more coordination, more fragmented ownership.' The announcement was published by The Business Times Singapore on September 2, 2026. The job cuts represent a significant restructuring effort by the ride-hailing and delivery company to streamline its operations and improve efficiency.