Uber to cut 10% of jobs, or 3,300 roles, to slash bureaucracy

Cuts to reduce managers by about 20 percent Uber Technologies Inc. is cutting about 3,300 roles, or 10 percent of its staff globally, in a massive restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses. Chief Executive Officer Dara Khosrowshahi announced the changes in an email obtained by Bloomberg News, saying that Uber's growth in recent years has created 'more layers, more coordination, more fragmented ownership, and in some cases structures that made sense when businesses were smaller but no longer serve us well at our current scale.' Unlock unlimited access to daily events, breaking news, community stories and more. Subscribe to unlock the full article. Subscribe for only $1 for 4 weeks to get unlimited access. Subscribe Now