Uber cuts 3,300 jobs in its biggest reduction since the pandemic

Uber is cutting around 3,300 roles, its deepest workforce reduction since the pandemic, with management positions bearing the brunt at a fifth of that layer eliminated, according to the Financial Times and Skift. The company says the reorganisation does not touch its product portfolio directly, framing the move instead as a streamlining of internal structure so resources concentrate on its core ride-hailing and delivery businesses.

The cuts land as competition intensifies on two fronts that matter increasingly to Uber's long-term valuation. In food delivery, rivals continue to compress margins in a market that never fully recovered its pandemic-era growth rates. In autonomous vehicles, the robotaxi race has accelerated, with Uber positioning itself as a platform partner to multiple self-driving technology providers rather than building its own fleet, a strategy that requires lean, fast-moving management rather than a heavier corporate layer.

For the luxury and premium mobility-adjacent businesses that watch Uber closely, from hospitality groups running airport transfer partnerships to high-end concierge services, the cuts signal a company tightening its cost base even as revenue has grown, a sign that investors are demanding higher margins from platform businesses generally, not just distressed ones.

What to watch: how quickly Uber's robotaxi partnerships scale in practice, and whether the management delayering translates into faster product decisions or simply thinner oversight of a sprawling global operation.

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