Uber to cut workforce by up to 10% to boost efficiency
Uber Technologies Inc. is reducing employment by as much as 10%, with the CEO aiming to make the company more nimble and efficient by reducing managerial levels and streamlining teams.
Uber Technologies Inc. (UBER, Financials) is reducing its employment by as much as 10% as Chief Executive Dara Khosrowshahi seeks to make the company more nimble and efficient.
The reform will reduce managerial levels, streamline teams and increase the number of staff at key hubs like as New York a…