UBER · News · 20260908N

Headcount / Restructuring

Uber Technologies, Inc · 2026-09-08 · Importance 50 · Surprise 58

Uber announced plans to eliminate 3,300 jobs, representing nearly 10% of its workforce, in its largest workforce reduction since the COVID-19 pandemic. The restructuring will remove nearly half of Uber’s “micro-teams” and lay off managers to reduce management layers and organizational complexity. Uber said the changes are intended to accelerate decision-making and redirect resources toward growth, including autonomous vehicles. No restructuring charge or specific annual cost savings was disclosed in the reported coverage.

Key facts

• Andrew Macdonald, President and COO of Uber, purchased $5.3 million of company stock, acquiring 70,000 shares in two transactions on September 4, 2026. source