ShowBiz & Sports Lifestyle

Hot

Uber announces over 3,000 layoffs amid $10B commitment to robotaxi partnerships

Uber announces over 3,000 layoffs amid $10B commitment to robotaxi partnerships

KGO Thu, September 3, 2026 at 2:34 AM UTC

0

Uber is laying off 10% of its workforce, the San Francisco-based company announced Wednesday morning.

The cuts amount to roughly 3,300 salaried jobs -- not independent contractor drivers' jobs.

It's unclear how many layoffs will be of positions in the Bay Area.

This round of layoffs is Uber's largest since the pandemic.

MORE: Microsoft cuts 4,800 jobs, including many at Xbox in a 'reset' of its gaming division

The company says it's restructuring to consolidate management and cut costs.

Advertisement

At the same time, Uber is committing $10 billion to robotaxi partnerships in the coming years.

This layoff ranks as the 10th-largest reported -- in terms of headcount -- this year.

What does this all mean for the industry?

We spoke with Sergio Avedian -- rideshare driver, driver advocate, and senior contributor at the Rideshare Guy blog and podcast -- about the future of the rideshare service industry.

Watch the full interview in the player above.

If you're on the ABC7 News app, click here to watch live

Original Article on Source

Source: “AOL Money”

We do not use cookies and do not collect personal data. Just news.