Uber Technologies (UBER) is reducing its workforce by about 10% as part of restructuring effors aimed at removing management layers and reducing "complexity" across the business.
The ride-hailing company will remove 50% of microteams that had one or two reports and cut back employees who are more than seven layers from the chief executive by 20%, CEO Dara Khosrowshahi said in an internal email published online Wednesday.
"We will be reducing the size of our team by about 10%," Khosrowshahi wrote. Uber's growth in the last five years has resulted in "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."
The company had about 34,000 employees globally as of Dec. 31, 2025, according to Uber's latest annual report.
As part of the restructuring, Uber is consolidating key business units to avoid duplication and slow decision-making, including integrating delivery operations teams for restaurants, retail and direct into a single unit, as well as combining its core services engineering and science teams.
"A leaner organization will mean clearer ownership, faster decisions, and more time spent building rather than coordinating," Khosrowshahi said. "It will also generate savings that we intend to reinvest in growth, innovation, and the capabilities that will matter most over the coming years."
In June, the company slashed 23% of staff in its people division, cutting its total workforce by "well under 1%," CNBC reported, citing an Uber spokesperson.
Last month, Uber reported second-quarter revenue short of Wall Street's estimates and provided soft bookings guidance for the third quarter, with the midpoint below the consensus estimate.
Uber shares were up 1.3% Wednesday morning and are down by about 7.3% this year.
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