Thousands of workers at one of the world’s biggest tech firms learned today that their jobs are being eliminated.
Uber announced plans to shed roughly 10 per cent of its global workforce, amounting to approximately 3,300 corporate roles.
The ride-hailing giant’s chief executive, Dara Khosrowshahi, broke the news in a company-wide message on Wednesday.
Mr Khosrowshahi said the restructuring was intended to strip out layers of management and combine teams across the business.
The San Francisco-headquartered company has experienced five years of strong growth, according to Mr Khosrowshahi, but he acknowledged that expansion had introduced unwanted organisational complexity.
“But that growth has also brought complexity: more layers, more co-ordination, 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,” Mr Khosrowshahi told staff.
The restructuring was first reported by Bloomberg.
Uber to cut 3,300 jobs in major overhaul
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PAUber did not disclose how many positions would be affected at individual office locations, including its London base.
Those whose roles are being cut have already been informed, the company said.
However, certain countries will need to follow their own local procedures before changes take effect.
The lack of a regional breakdown has left workers at Uber’s UK office uncertain about the scale of redundancies in London
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GETTYMr Khosrowshahi framed the overhaul as essential for the company’s long-term direction.
“The changes we’re making today are designed to do two things: make Uber simpler and faster, and create more capacity to invest in our future,” he said.
The lack of a regional breakdown has left workers at Uber’s UK office uncertain about the scale of redundancies in London.
The company gave no indication of how British staff might be affected.
Uber’s decision to slim down its corporate ranks comes despite what Mr Khosrowshahi described as strong business performance, suggesting the cuts are driven by structural concerns rather than financial difficulties.