Uber to cut around 3,300 roles in massive restructuring - report

(Sharecast News) - Uber Technologies is reportedly cutting about 3,300 roles, or 10% of its staff globally, in a massive restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.

Chief executive officer Dara Khosrowshahi announced the changes in an email obtained by Bloomberg News. He said that Uber's growth in recent years has created "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".

A spokesperson for Uber told Bloomberg the cuts will reduce the number of managers in the company by 20%, with some being moved to the role of an individual contributor. The company didn't disclose what percentage of managers would be laid off, however. The cuts also apply to people who aren't managers.

According to Bloomberg, Khosrowshahi said that in order to make Uber "simpler and faster", it is reducing nearly half the number of teams that only have one or two members and paring back the number of employees who sit more than seven layers down from the CEO.

The company is also streamlining its core engineering, science and delivery groups, including combining its three operations teams for restaurants, retail and its white-label delivery service. And as part of an ongoing push to ask more staff to work in-person at key office locations, Uber is also mandating that only about 1% of employees can be remote going forward.