Uber will cut about 3,300 roles, roughly 10% of its global staff, and shrink management ranks by 20%, CEO Dara Khosrowshahi told employees on September 2, Bloomberg reported. The reductions bring Uber’s headcount to just under 30,000, a level last seen in 2021. In a memo to staff, Khosrowshahi framed the cuts as a structural problem rather than a cost problem, writing that Uber’s growth has produced “more layers, more coordination, more fragmented ownership, and in some cases structures that made sense when businesses were smaller but no longer serve us well at our current scale.” Micro-teams of one or two people will be cut by nearly half, and the share of employees sitting seven or more layers from the CEO drops 20%. Some displaced managers will move to individual-contributor roles rather than exit. The company is also consolidating its three Delivery Ops teams — Restaurants, Retail and Direct — into a single structure, and pulling core services engineering and science under one roof. Remote work is being capped at about 1% of employees, with the rest expected in an office three days a week. Khosrowshahi said the changes will “generate savings that we intend to reinvest in growth, innovation, and the capabilities that will matter most over the coming years,” pointing at drivers, couriers, merchants and what he called an “autonomous future.” Per Bloomberg’s reporting picked up by Yahoo Finance, Uber has committed more than $10 billion to robotaxi partnerships with Avride, Lucid, Nuro and Rivian, and is keeping open more than 500 roles, nearly all in engineering tied to autonomy. Uber’s stock rose as much as 1.7% in premarket trading after the announcement. submitted by /u/Justgototheeffinmoon
Originally posted by u/Justgototheeffinmoon on r/ArtificialInteligence
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