Uber is laying off 10% of staff, or 3,300 people
Uber is laying off about 3,300 people, or about 10% of its global headcount, in a bid to reduce management layers and invest more in its ride-sharing, delivery, and robotaxi divisions.
Uber is laying off about 3,300 people, or about 10% of its global headcount, in a bid to reduce management layers and invest more in its ride-sharing, delivery, and robotaxi divisions.
Apple has admitted that some roles are being impacted as it shifts its focus away from certain initiatives.
While AI dominates the layoff narrative, engineers are actually making up a larger share of new hires, according to SignalFire data.
Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood’s CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.
Tools for Humanity, Sam Altman’s identity verification company, is reportedly struggling to generate revenue and will downsize its staff.
The company is reducing its workforce as it exits 22 countries, reduces management layers, and invests in its infrastructure to scale its platform.