Uber to cut 10% of workforce in bid to move 'simpler and faster'

Skip Navigation cnbc.com Uber to cut 10% of workforce in bid to move ‘simpler and faster’ Livestream CREATE FREE ACCOUNT Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Investigations Industrials Retail Wealth Sports Life Small Business Investing Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics & Policy White House Policy Defense Congress Expanding Opportunity Video Latest Video Full Episodes Livestream Live Audio Live TV Schedule CNBC Podcasts CEO Interviews CNBC Documentaries Digital Originals Watchlist Investing Club Trust Portfolio Analysis Trade Alerts Meeting Videos Homestretch Jim’s Columns Education Subscribe PRO Pro News Josh Brown Mike Santoli Calls of the Day My Portfolio Livestream Full Episodes Stock Screener Market Forecast Options Investing Chart Investing Subscribe Livestream Menu Make It select USA INTL Livestream Search quotes, news & videos Livestream Watchlist SIGN IN Create free account Uber to cut 10% of workforce in bid to move ‘simpler and faster’ Livestream CREATE FREE ACCOUNT Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Tech Uber to cut 10% of workforce in bid to move ‘simpler and faster’ Published Wed, Sep 2 2026 9:13 AM EDT Updated 7 Min Ago Samantha Subin@samantha_subin WATCH LIVE Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email Video 2 0 seconds of 0 seconds Volume 90% Press shift question mark to access a list of keyboard shortcuts Keyboard Shortcuts Enabled Disabled Play/Pause SPACE Increase Volume↑ Decrease Volume↓ Seek Forward→ Seek Backward← Captions On/Off c Fullscreen/Exit Fullscreen f Mute/Unmute m Seek %0-9 1x 1.5x 2x Listen< 1min Live 00:00 00:00 00:00 2x 1.5x 1x Key Points Uber is cutting 10% of its workforce in an effort to consolidate management layers and trim costs. CEO Dara Khosrowshahi said the decision will help make Uber “simpler and faster” and allow the company to invest in growth opportunities. Khosrowshahi did not attribute the cuts to AI, which has been responsible for a wave of recent tech layoffs. In this article UBER+0.44 (+0.58%) Follow your favorite stocks CREATE FREE ACCOUNT Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an Uber product unveiling event in New York, US, on Wednesday, May 14, 2025. Yuki Iwamura | Bloomberg | Getty Images Uber on Wednesday announced plans to slash 10% of its workforce in a move to consolidate management layers and trim costs. “The changes we’re making today are designed to do two things: make Uber simpler and faster, and create more capacity to invest in our future,” CEO Dara Khosrowshahi wrote in an email to employees. That includes its previous plans to commit more than $10 billion to autonomous vehicles in the coming years. The ride-hailing company’s shares rose nearly 2% in morning trading. Uber declined to comment on the number of jobs cut. The company had around 34,000 employees at the end of 2025, according to an annual filing. Uber is the latest company to flatten management structures to speed up decision-making and improve efficiency. Tech giants like Google have made similar moves in recent years. Khosrowshahi did not attribute the cuts to artificial intelligence, which has been responsible for a recent wave of tech layoffs. The changes include cutting small teams consisting of one to two reports by nearly half and trimming employees seven steps away from the CEO by 20%. Khosrowshahi said Uber has outgrown many of these structures at its current size. Uber is also combining more teams and concentrating more employees in hubs like New York and San Francisco. The company will allow about 1% to continue working remotely, Khosrowshahi said. “A leaner organization will mean clearer ownership, faster decisions, and more time spent building rather than coordinating,” he said. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. WATCH LIVESTREAMPrefer to Listen? 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