Uber has announced a major reorganization that involves laying off 3,300 employees and shifting its focus to its primary operations: ridesharing, delivery services, and the development of autonomous vehicles. This restructuring is part of the company’s strategy to enhance its core business areas, even though it asserts that its product offerings will remain unaffected.
The changes, revealed by CEO Dara Khosrowshahi in an email sent to employees, include a significant 20% reduction in managerial positions and the consolidation of various teams within the organization. The email detailing these decisions was reportedly obtained by Bloomberg.
Reporting based on coverage first published by skift.com.