{"id":15214,"date":"2026-09-03T14:17:55","date_gmt":"2026-09-03T14:17:55","guid":{"rendered":"https:\/\/stock999.top\/?p=15214"},"modified":"2026-09-03T14:17:55","modified_gmt":"2026-09-03T14:17:55","slug":"uber-is-cutting-3300-jobs-despite-double-digit-growth-as-it-makes-room-for-its-robotaxi-future","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=15214","title":{"rendered":"Uber is cutting 3,300 jobs despite double-digit growth as it makes room for its robotaxi future"},"content":{"rendered":"

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On Wednesday, Uber CEO Dara Khosrowshahi announced the company will be cutting 3,300 jobs, a tenth of its workforce worldwide.\u00a0 It\u2019s the biggest cuts since Covid, when the ride-share app cut 14% of its workforce, amounting to 3,700 jobs.\u00a0<\/p>\n

\u201cThis wasn\u2019t a decision we made lightly, because it will have a real impact on our teammates and friends who have worked hard for Uber,\u201d Khosrowshahi wrote in a letter to employees. \u201cIt\u2019s important to say that these changes are about how we\u2019re organized and what we\u2019re prioritizing, not about anyone\u2019s contributions to Uber, which we will always value.\u201d<\/p>\n

Khosrowshahi said that the cuts were not because of a downturn in the economy\u2014in fact he acknowledged Uber \u201chas grown by orders of magnitude\u201d in the past five years. Instead, it was simply because Uber had gotten too big to manage, and the cuts would help the company run it \u201cfaster and smarter.\u201d<\/p>\n

Uber made a 20% reduction in the number of employees who were seven layers or more removed from the CEO. The company also cut the number of \u201cmicro-teams\u201d (those with only one or two direct reports) by half, and combined each delivery operations team in the restaurant, retail and direct sectors into one big team.\u00a0<\/p>\n

\u201cThe outcome is a simpler org chart geared toward building versus managing,\u201d he wrote. \u201cRunning these three businesses separately made sense in their early days, but that structure is no longer serving us at scale.\u201d<\/p>\n

Khosrowshahi said the decision was informed by conversations with employees who indicated that the company spent too much time coordinating instead of \u201cbuilding, shipping or serving customers.\u201d\u00a0<\/p>\n

Uber shares were up 1.61% at $76.45 on closing time.\u00a0<\/p>\n

Khosrowshahi said the expected savings from making Uber leaner will be reinvested \u201cin growth, innovation, and the capabilities that will matter most over the coming years,\u201d one of which is putting more self-driving cars on the road in Uber\u2019s network.\u00a0<\/p>\n

\u201cOur opportunity from here is enormous: we have the chance to bring Uber to hundreds of millions more people; to invest even more in drivers, couriers and merchants; and to innovate across our core businesses and build the autonomous future,\u201d Khosrowshahi wrote.\u00a0<\/p>\n

Uber\u2019s president and chief operations officer Andrew MacDonald \u00a0said that nobody will own a car in the next 15 to 20 years because it\u2019s a depreciating asset that sits idle most of the time, and that other forms of transport like self-driving cars and bikes will fill the void.\u00a0<\/p>\n

\u201cI think autonomous vehicles will be part of that,\u201d MacDonald said last month.\u00a0<\/p>\n

Uber\u2019s ongoing $10 billion bet on self-driving cars\u00a0<\/p>\n

Uber originally launched its autonomous vehicle unit Advanced Technologies Group in 2020\u2014an over $7 billion valuation that accounted for more than 10% of its $61 billion market cap at the time. But Uber ended up selling the research unit of it to a startup by the end of the year, recognizing that it didn\u2019t have the money to develop its own robotaxis.\u00a0<\/p>\n

But the company didn\u2019t give up on self-driving cars, pivoting to deploying them with partners like Rivian, Baidu, and Pony.ai in the Uber network. The ride-share app now expects to commit $10 billion to help bring them to market at scale, with 120,000 cars committed by partners.\u00a0<\/p>\n

Khosrowshahi described the goal on the Q2 2026 earnings call as making Uber the \u201cworld\u2019s leading commercialization platform for autonomous vehicles.\u201d\u00a0\u00a0<\/p>\n

\u201cThose results give us the ability to continue investing from a position of strength,\u201d Khosrowshahi said. \u201cWe also continue to invest behind one of the largest opportunities in Uber\u2019s history: autonomous vehicles.\u201d<\/p>\n

#Uber #cutting #jobs #doubledigit #growth #room #robotaxi #future<\/p>\n","protected":false},"excerpt":{"rendered":"

On Wednesday, Uber CEO Dara Khosrowshahi announced the company will be cutting 3,300 jobs, a…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[3767,2589,1533,1737,310,1423,1502,2310,3645],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/15214"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15214"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/15214\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}