SShortSingh.
Back to feed

Uber cuts 3,300 jobs in biggest restructuring since 2020

0
·47 views

Uber is eliminating approximately 3,300 positions, representing around 10% of its global workforce, in its largest restructuring effort since 2020. CEO Dara Khosrowshahi announced the move aims to reduce management layers and consolidate delivery and engineering teams. The changes will shrink manager headcount by 20% and reduce fully remote roles to roughly 1% of the workforce, bringing total employee numbers back to 2021 levels. The freed-up capital is intended to accelerate Uber's investment in robotaxi technology. Khosrowshahi clarified that artificial intelligence was not the driving factor behind the job cuts.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
IndiaIndian Express ·

Indian Railways Says Vande Bharat Sleeper Trains Will Have No Tatkal Booking Quota

Indian Railways has confirmed that the Vande Bharat Sleeper trains will not include a Tatkal booking quota. The Tatkal scheme, which releases a limited number of seats for last-minute bookings at a premium fare, will therefore not apply to these services. The decision reflects the railways' approach to how seats on the new sleeper trains are allocated. Passengers planning travel on these routes will need to rely on regular booking channels.

0
IndiaTimes of India ·

Bangladesh dismisses talk of Hasina's return as political posturing

Bangladesh's government has said that claims suggesting former Prime Minister Sheikh Hasina intends to return to the country are merely political posturing. Officials maintain that Hasina has no intention of coming back. The statement addresses speculation about her future and her status outside Bangladesh. Hasina has been living abroad since her government was ousted in 2024. The remarks were reported by the Times of India.