Uber to axe 10% of its workforce in biggest cuts since pandemic
Ride-hailing group to eliminate 3,300 jobs as competition rises in food delivery sector and robotaxi race intensifies
TL;DR
- Uber is eliminating 3,300 jobs.
- This represents 10% of the company's workforce.
- The cuts are driven by increased competition in food delivery.
- The intensifying race for robotaxi technology is also a factor.