- Uber is cutting about 10% of its workforce, or up to 3,300 jobs based on its 2025 employee base of roughly 34,000.
- The restructuring reduces management layers, nearly halves small teams with one or two reports, and cuts employees more than seven levels below the CEO by 20%.
- Uber plans to reinvest savings in core growth, drivers, couriers, merchants and autonomous rides, following its planned commitment of more than $10 billion to autonomous vehicles.
- Shares rose nearly 2% following the announcement, while Yahoo Finance reported Uber was down 6.44% year to date in 2026.
Quotes
“The changes we're making today are designed to do two things: make Uber simpler and faster, and create more capacity to invest in our future.”
“A leaner organisation will mean clearer ownership, faster decisions, and more time spent building rather than coordinating.”