Uber cutting 10% of jobs, will concentrate employees in SF, NY

Uber CEO Dara Khosrowshahi announced a significant organizational shift resulting in the layoff of approximately 10% of its global workforce. This reduction impacts around 3,300 employees as the company aims to simplify team structures and remove layers for increased efficiency. Additionally, Uber is refining its global location strategy by concentrating staff in San Francisco and New York, requiring almost all remote employees to relocate to a physical office to streamline operations and organizational management.