Uber lays off 10 percent of staff

Uber announced a plan to cut 10% of its workforce to streamline its organizational structure and reduce costs, as part of efforts to achieve faster and more flexible decision-making and improve efficiency. This includes nearly halving small teams and reducing management levels by 20%, with a focus on merging teams into core hubs such as New York and San Francisco. The company did not specify the exact number of jobs to be eliminated, but by the end of 2025, its total employee count was around 34,000. The company's stock rose approximately 2% following the announcement. These changes aim to concentrate resources and allocate more time for strategic development, as Uber continues to invest over $10 billion in self-driving vehicle projects in its pursuit of becoming a more agile and effective organization.

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