Uber cuts 3,300 jobs to fund AI and self-driving push

Uber is cutting about 3,300 jobs, roughly 10% of its workforce, in its largest layoff round since the pandemic as part of a broader restructuring to flatten management and simplify teams. The changes will consolidate global locations into major hubs, notably New York and San Francisco, and require most employees to work in offices at least three days a week, with only about 1% remaining fully remote. CEO Dara Khosrowshahi says the move will reduce coordination costs and free up capital to invest in growth areas such as autonomous driving and the robotaxi push, amid competitive pressure from Waymo and other entrants. Analysts note the cuts target middle management and small teams, while some worry about morale and the potential short-term savings versus long-term effectiveness. Uber’s stock reaction has been mixed, rising on the news but with ongoing concerns about execution and competition, as the plan also includes regional cuts such as a smaller tranche in India.