Uber to cut 10% of workforce as it restructures
Uber is eliminating roughly a tenth of its staff as it reduces management layers, consolidates teams and shifts more work into hubs such as New York and San Francisco.
Uber has said it will cut about 10% of its workforce as part of a broader restructuring aimed at making the company leaner and reducing costs. Chief executive Dara Khosrowshahi described the changes as an effort to simplify the organisation and speed up execution, while freeing up resources for future investment.
Management layers get trimmed
The company is targeting the layers of supervision that have built up as it has expanded. Uber plans to reduce the number of very small teams and trim the share of staff who sit several levels below the chief executive, in a move that is meant to sharpen accountability and shorten decision chains.
Khosrowshahi said Uber has become too large for some of its existing structures and that the business needs a model that works better at its current scale. He framed the shift as a way to remove unnecessary coordination and make day-to-day operations more direct.
Uber concentrates teams in hubs
The restructuring also includes combining more teams and moving a larger share of staff into key offices such as New York and San Francisco. Uber will still allow a small portion of employees to work remotely, but the company is largely leaning toward a more centralised operating model.
Khosrowshahi did not link the job cuts to artificial intelligence, even though AI has been behind a number of recent tech layoffs across the industry. The message from Uber was instead focused on management efficiency, cost control and faster internal execution.
For markets, the move fits a wider pattern among large technology companies that are trying to do more with fewer layers of management. It also signals that Uber is still working to balance growth ambitions with discipline on overhead at a time when investors remain focused on profitability and operating leverage.
This article is not investment advice and recommends no asset, level or direction; a single session's move is not evidence of a trend. For background see Stocks, Bear Market, BIST 100, and for terms the finance glossary.
Frequently asked questions
How many jobs is Uber cutting?
Uber said it will reduce its workforce by about 10%.
Why is Uber making the changes?
The company says it wants to become simpler and faster, cut costs and create more room to invest in future growth.
Is Uber saying artificial intelligence caused the layoffs?
No. Khosrowshahi did not attribute the cuts to AI.
Sources
Related News
Eyes on Tech Titans as Broadcom, Palo Alto Networks Report
A busy fortnight of US earnings begins with major technology and infrastructure firms, led by chip giant Broadcom and cybersecurity leader Palo Alto Networks.
Tech backlash intensifies as AI fears meet social media anger
Americans are growing more skeptical of big tech as AI anxiety, data center opposition and anger over social media harms reshape the debate around Silicon Valley.

Big Tech mostly higher as Nvidia, Tesla lag
Most of the US megacaps traded higher on Monday, with Apple, Microsoft, Alphabet, Meta and Amazon in the green. Nvidia and Tesla moved lower, leaving the group mixed but still broadly constructive.

Megacaps split as Meta leads, Alphabet lags
US megacaps traded mixed on Wednesday, with Meta, Apple and Microsoft higher while Amazon, Tesla, Nvidia and Alphabet slipped. The day’s moves were contained, but dispersion widened across the group.

US megacaps mostly higher as Tesla leads gains
Most of the biggest US stocks were broadly firmer on Friday, with six of the seven names in the digest higher. Tesla outpaced the group, while Alphabet was the lone decliner.

Apple and Meta rise as megacaps mostly ease
Apple and Meta led a narrow advance among the US megacaps on Tuesday, while Microsoft, Nvidia, Alphabet, Amazon and Tesla moved lower. The day left the group split between modest strength and broad pressure.