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Uber plans to cut about 3,300 jobs, roughly 10% of global workforce

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UBER Uber Technologies Inc
$75.24 -0.54%
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  1. 1Uber Technologies (UBER) plans to eliminate about 3,300 positions, approximately 10% of its global workforce
  2. 2Manager roles will be reduced by about 20%, and fully remote staff will be capped at roughly 1% of the total
  3. 3The moves aim to flatten hierarchies and simplify the organization, with savings to be reinvested in growth and innovation

This 3-line summary is compiled from the report below.

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