Uber Laying Off Nearly 350 of its Workers

The layoffs mark the third time this year Uber has laid off employees.

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Uber-Laying-Off-Nearly-350-of-its-Workers

Uber has laid off around 350 of its workers across several divisions, including Uber Eats. This marks the third time the company has laid off since August. Uber’s product, engineering, and marketing teams were hit the hardest in its earlier layoffs.  The latest layoffs are impacting those same divisions as well as the advanced technology division, safety, recruiting, and several of its platform and global rides units.

The layoffs were announced by Uber CEO Dara Khosrowshahi via email. Khosrowshahi began her email by explaining that Uber wants the company to have the top talent in place across its organization.

“As you know…our leaders have looked carefully at their teams to ensure our organizations are structured for success…This has resulted in difficult but necessary changes to ensure we have the right people in the right roles in the right locations…we’re always holding ourselves accountable to top performance,” Khosrowshahi said.

According to a June 30, 2019 disclosure, Uber said that it employed 26,799 workers. Khosrowshahi’s letter said that the latest layoffs are part of the last wave of changes the company is making to restructure the company. In addition to the layoffs, many employees will also be asked to relocate to other locations or areas.

Khosrowshahi said Uber will be facing new normals. Some of its company goals are to avoid duplication of work, improved performance standards, delivering more actionable feedback to improve workflow, and elimination of bureaucracy.

Following the announcement of its latest layoffs, Uber shares were up by 4 percent.

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