Uber cuts 10% of jobs today, stock up: Why these layoffs are different from others

Uber announced on Wednesday it is cutting 10% of its workforce. That’s 3,300 employees, the ride-hailing service told Fast Company. Uber reported a total of 34,000 employees in its 2025 annual filing. In an email to employees, CEO Dara Khosrowshahi said the organizational changes across the company are aimed at “removing layers, simplifying team structures, refining our global location strategy, and focusing our people and investments against the biggest opportunities ahead of us....