Rideshare and delivery app company Uber axed 10% of its employees Wednesday in an effort to streamline corporate organization and save money.
In a memo sent to employees and posted on the Uber website, CEO Dara Khosrowshahi said many of the cut jobs were related to coordination between teams, which were being reduced by expanding manager roles.
Mr. Khosrowshahi said the cuts “reduced the number of employees who sit 7+ layers from the CEO by 20% and the number of micro-teams by nearly 50%.”
He did not provide an exact number of jobs cut, but in a February filing to the Securities and Exchange Commission, Uber said it had around 34,000 employees in over 70 countries.
The layoffs are the largest at Uber since May 2020, when the company axed 6,700 workers amid a collapse in demand caused by the COVID-19 pandemic, according to Reuters.
The company now has a workforce of around 30,000, equivalent to the number of people there in 2021, according to Bloomberg.
In addition to the job cuts, Uber is combining teams dedicated to its technology and delivery services as part of the corporate streamlining and is requiring more employees to return to the office.
Mr. Khosrowshahi said only 1% of Uber employees will work remotely now.
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