Why Uber is cutting 3,300 jobs despite years of ‘growth’
Uber is downsizing its workforce by 10% (3,300 employees) to invest in future growth, including expanding its robotaxi network. The move is the largest job cut since the pandemic and expected to save $825 million annually. Challenges in the food delivery business and competition from Waymo are also impacting the company. Employees will be required to work from the office.
