Uber Announces Layoff of 3,300 Employees as Part of Restructuring
Uber announced on September 2, 2026, that it will cut approximately 3,300 jobs — about 10% of its workforce — in a company-wide restructuring aimed at streamlining operations and focusing resources on core businesses such as ride-sharing, delivery, and autonomous vehicles. CEO Dara Khosrowshahi stated the changes are necessary to reduce layers within management and improve efficiency for growth and innovation. The restructuring includes reducing managerial ranks by 20%, cutting micro-teams in half, limiting remote work eligibility to about 1% of employees, and merging several business units into a more centralized structure. The move brings Uber's total employee count down to nearly 30,000 — similar levels seen in 2021. Uber plans to reinvest savings from the cuts into driver support, couriers, merchants, and autonomous vehicle initiatives. The company has already invested over $10 billion in partnerships related to self-driving technology.
Tickers: $UBER
Topics: corporate strategy layoffs restructuring