Uber is laying off 10% of its staff as it seeks to cut management layers. Read the CEO's memo.
Business Insider – Tech
businessinsider.comSummary
Uber laid off 10% of its corporate workforce on Wednesday. Bloomberg/Getty Images Uber is laying off 10% of its corporate workforce, or 3,300 people, it said on Wednesday. The cuts target management and coordination roles in the third round of layoffs this year. Uber is also asking almost all employees to work in an office at least three days a week Uber is laying off 10% of its corporate staff, joining other tech firms in cutting management layers . The ride-hailing company's move will eliminate roughly 3,300 positions, the company said on Wednesday. The job cuts focused on management and coordination roles, CEO Dara Khosrowshahi wrote in a memo to staff. The layoffs were earlier reported by Bloomberg News. The layoffs are the latest example of a tech company taking aim at managers' jobs to save money. Less than 1% of Uber's corporate workforce will remain remote, he added. The layoffs are the latest round of job cuts for Uber, which eliminated roles in customer service and HR earlier this year.
From the source
Uber laid off 10% of its corporate workforce on Wednesday. Bloomberg/Getty Images Uber is laying off 10% of its corporate workforce, or 3,300 people, it said on Wednesday. The cuts target management and coordination roles in the third round of layoffs this year. Uber is also asking almost all employees to work in an office at least three days a week Uber is laying off 10% of its corporate staff, joining other tech firms in cutting management layers . The ride-hailing company's move will eliminate roughly 3,300 positions, the company said on Wednesday. The job cuts focused on management and coordination roles, CEO Dara Khosrowshahi wrote in a memo to staff. While Uber's recent financial results have largely surpassed analysts' expectations, the company has become more complex over the last five years, Khosrowshahi wrote. "We have reduced roles primarily focused on coordination, and have clarified the remit of the coordination roles that remain," he wrote. Uber "also cut down the number
Read the full article
Published by Business Insider – Tech on businessinsider.com
