Uber lays off 10% of its workforce in biggest cut since 2020
- On Wednesday, CEO Dara Khosrowshahi announced Uber would eliminate 3,300 corporate positions—roughly 10% of its global workforce—to reduce management layers by 20% and cut 'micro-teams' by nearly half.
- Uber's revenue nearly tripled over five years as the company expanded products and markets, but rapid growth created excessive management layers, fragmented ownership and coordination overhead that no longer served operations at scale.
- Staff positioned seven or more layers below the CEO face 20% reductions, while delivery operations consolidate restaurant, retail and direct units into single-threaded teams across global, regional and country levels.
- Uber is concentrating global teams in New York and San Francisco while limiting remote work to roughly 1%, requiring most employees to work in offices at least three days per week.
- The restructuring accompanies Uber's exit from Nigeria and Uganda effective September 2, 2026, ending 12 years of operations in Nigeria since its 2014 Lagos launch as the company consolidates into higher-yield markets.
374 Articles
374 Articles
Uber, the world's largest ride-hailing company, is laying off 3,300 employees, or about 10% of its total white-collar workforce. This marks the largest restructuring since the COVID-19 pandemic. The move aims to streamline an organization that grew bloated during rapid growth and reduce costs, while simultaneously securing the capacity to invest in future businesses such as robotaxis. Furthermore, existing core businesses are falling behind, suc…
Why Is Uber Abandoning Africa's Biggest Market After Twelve Years Of Operations?
Global ride-hailing pioneer Uber officially ended its services across Nigeria, concluding a twelve-year run that began in Lagos back in 2014. Corporate executives cited a strategic business review and structural reorganization, but the withdrawal drops amid crushing local inflation, currency instability, and skyrocketing operating costs. Thousands of drivers and local commuters now face sudden disruption as another multinational tech titan retre…
Uber has decided to lay off approximately 10% of its workforce worldwide. As part of the company's restructuring plan, 3,300 employees will lose their jobs, while the management team will also be reduced by 20%.
INTELLINEWS
Courrier internationalUber, 的Detroit Trump, abortion in Liechtenstein: the night's news
Coverage Details
Bias Distribution
- 35% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
