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Uber to eliminate 10% of jobs

Uber to eliminate 10% of jobs

Uber has announced a plan to cut 10% of its jobs in order to streamline administrative structures and reduce costs, aiming to make the company faster and more agile, and to free up resources for future investments. The adjustments include downsizing smaller teams and decreasing the number of employees at certain levels of the organizational hierarchy, along with merging more teams into key hubs such as New York and San Francisco. This step is part of broader efforts by tech companies to improve efficiency. The company also confirmed that about 1% of employees will work remotely, but the exact number of eliminated positions has not been specified.

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