Uber Cuts 3,300 Jobs Worldwide -- WSJ

By Joseph De Avila

Uber said it's laying off 3,300 people to trim management layers and streamline divisions.

About 10% of the company's staff will be eliminated, Uber CEO Dara Khosrowshahi said today in a letter to employees. The company employed 34,000 people globally at the end of last year. The restructuring comes after Uber softened its outlook last month.

Khosrowshahi said the company grew fast over the past few years but added layers and management structures that made sense when the business was smaller. The layoffs will allow it to reinvest savings in the future, he added.

The company will also adjust its global location strategy, the memo said.

Uber's stock inched up.

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September 02, 2026 10:02 ET (14:02 GMT)