Uber Announces Layoffs as Part of Company Restructuring
Uber has announced plans to cut approximately 3,300 jobs across its workforce, representing a reduction of around 10 percent. The move is part of an ongoing effort led by CEO Dana Khosrowshahi to streamline operations and make the company 'simpler and faster.' In addition to layoffs, Uber will also reduce management layers, with those more than six levels below the CEO being cut by 20 percent. This restructuring follows a similar round in July when customer service staff were affected. The decision reflects broader cost-cutting measures as Uber continues its transformation from a high-growth startup into a mature business seeking operational efficiency and profitability.
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