Uber restructures, cuts 3,300 jobs and scales back remote work
- Uber is laying off around 3,300 employees, or about 10% of its global workforce, in a major restructuring.
- The cuts will reduce management layers by about 20%, with the company merging teams and simplifying its structure.
- Uber plans to redirect savings towards ride-hailing, delivery and robotaxi technology as it targets faster growth.
- The company is also sharply reducing remote work, with only about 1% of employees expected to remain fully remote.
Source: timesofindia.indiatimes.com
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