Think Uber’s Biggest Layoff Since 2020 Means Cheaper Rides? The Company Has Other Plans
The restructuring follows workforce reductions in human re
Uber is restructuring its company globally, reducing 10 percent of its staff globally as the ride-hailing platform looks to “simplify” its company structure.
In an email obtained by Bloomberg, CEO Dara Khosrowshahi announced that the company would be eliminating roughly 3,300 roles, aiming at reducing management layers.
Khosrowshahi explained to employees that Uber’s growth in recent years has created “more layers, more coordination, more fragmented ownership, and in some cases structures that made sense when businesses were smaller but no longer serve us well at our current scale.”
Uber is currently seeking to make its services simpler
Uber is currently seeking to make its services “simpler and faster,” its CEO said on Tuesday.
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The company’s biggest layoff since 2020 appears to be part of that goal. Uber reportedly plans to cut the number of “micro-teams” with one or two members by roughly 50 percent and roll back the number of employees who sit more than seven layers down from the CEO.
Managers in the company will be reduced by 20 percent, with some being moved into the role of an individual contributor, an Uber spokesperson told Bloomberg.
The company stated that its workforce reduction will hope the organization run “simpler and faster.”
Source: www.inc.com
