UBER · News · 20260915N
Headcount / Restructuring
Uber Technologies, Inc · 2026-09-15 · Importance 40 · Surprise 42 · In source text
Uber is reportedly eliminating approximately 3,300 jobs globally as part of a company-wide restructuring. The reductions include 138 employees at Uber’s Sunnyvale engineering campus in California, located at offices on Mathilda Place. The reported layoffs indicate a workforce-cost reduction initiative affecting the company’s global operations in 2026.
Key facts
- Uber is set to lay off 138 employees at its Sunnyvale engineering campus. source
- Uber's larger company-wide restructuring will eliminate approximately 3,300 jobs globally. source
- Uber CEO Dara Khosrowshahi purchased 141k shares at an average price of roughly $70.96 per share. source
- The transaction by CEO Dara Khosrowshahi totaled just over $10 million. source
- After the purchase, CEO Dara Khosrowshahi now holds roughly 1.4 million shares of Uber. source
- Uber Technologies (UBER) closed the most recent trading day at $71.43, moving 1.66% from the previous trading session. source
- The affected employees are located at offices on Mathilda Place in Sunnyvale. source
- An article announces the filing of a Form 8-K by Uber Technologies Inc. on September 15. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | probable | — | Uber is set to lay off 138 employees at its Sunnyvale engineering campus. |
| operating_income | positive | probable | — | Uber is set to lay off 138 employees at its Sunnyvale engineering campus. |
| operating_income | negative | probable | — | Uber's larger company-wide restructuring will eliminate approximately 3,300 jobs globally. |
| operating_income | positive | probable | — | Uber's larger company-wide restructuring will eliminate approximately 3,300 jobs globally. |