Uber is slashing 3,300 jobs in a company-wide management overhaul
The cuts represent 10% of Uber's global workforce and will reduce the number of managers by 20%
- Why it matters
- The cuts target management layers specifically, meaning fewer approval chains and faster decision-making for remaining staff and ongoing projects; costs also drop by the headcount eliminated.
- Most affected
- Uber employees in management roles — 20% of management positions eliminated company-wide.
Remaining Uber staff — Reporting lines simplified as managerial positions are cut.
Uber's operating costs — Reduced by the salary and benefits of 3,300 eliminated roles. - Likely next
- Whether Uber discloses severance terms, whether the restructuring timeline is announced, and whether the company meets cost targets it may have set by restructuring.