Uber Layoffs Hit 3,300 Jobs Amid Cost-Cutting Push

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The post Uber Layoffs Hit 3,300 Jobs Amid Cost-Cutting Push appeared first on Coinpedia Fintech News

Uber Technologies will lay off about 3,300 employees, roughly 10% of its workforce, in a restructuring aimed at trimming management layers and cutting costs. The company will reduce staff seven or more reporting layers below CEO Dara Khosrowshahi by 20% and nearly halve its “micro-teams.” The cuts, Uber’s largest since 2020, follow a tough year …