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ActiveTech

Uber to Cut 3,300 Jobs in Company Overhaul to Reduce Management Layers

Photo: Bloomberg Technology

What happened

Uber Technologies Inc. is cutting about 3,300 roles, or 10% of its staff globally, in a massive restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.

Summary assembled by rule from the sources below

Why it's spreading

Timeline

  1. First appeared on Bloomberg TechnologyBloomberg Technology
  2. Quartz started reportingQuartz

Sources