Uber to cut 10% global workforce

Uber announced the layoffs of approximately 10% of its global workforce, amounting to around 3,300 jobs, in an effort to streamline its organizational structure and accelerate decision-making processes. This is part of a restructuring plan that involves reducing management roles and concentrating functions in key hubs, along with shutting down its operations in Nigeria and Uganda, after previously withdrawing from Tanzania. Uber employs about 34,000 people worldwide, and through these steps, aims to make its platform simpler and faster.

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