Uber to Cut Around 10% of Global Workforce in Major Restructuring

Ride-hailing giant Uber has announced plans to lay off approximately 10% of its global workforce, resulting in thousands of job losses. The company stated that the decision was driven by a need to streamline its operations and reduce coordination inefficiencies. Uber described the move as an effort to make its platform 'simpler and faster' as the organization has grown increasingly complex over time. The layoffs reflect a broader push by the company to trim its sprawling structure and improve operational speed.
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