Uber Is Laying Off 10% of Its Workforce

Uber is laying off about 3,300 employees, or roughly 10% of its workforce, as part of a restructuring aimed at cutting management layers and redirecting investment toward ridesharing, delivery, and robotaxis. CEO Dara Khosrowshahi announced the changes in an internal email that was also published online.TechCrunch reports: According to the email, the layoffs are part of a restructuring exercise that would shrink the number of managers by 20%, and some personnel in these roles would work as individual contributors going forward. The ridesharing giant is reducing the number of teams with one or two members by 50%, and letting go staff who are "more than seven layers down from the CEO," per Bloomberg. Khosrowshahi's email said the company...

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