Close Menu
The Financial News 247The Financial News 247
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
What's On

Nvidia’s Jensen Huang also had alleged affair with subordinate as new report details CEO’s dalliance in wake of Chinese spy scandal

November 11, 2026

Bay Area music venue shutters after just 5-year run in struggling city

November 11, 2026

California boasts the best — and second-worst — Dave & Buster’s in America

November 11, 2026

United Airlines bars AI agents from booking tickets, sending Meta shares tumbling

November 11, 2026

How Meta is transforming vision-impaired veterans’ lives with AI: ‘A whole new world’

November 11, 2026
Facebook X (Twitter) Instagram
The Financial News 247The Financial News 247
Demo
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
The Financial News 247The Financial News 247
Home » California-based Uber announces thousands of layoffs

California-based Uber announces thousands of layoffs

By News RoomSeptember 3, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn WhatsApp Telegram Reddit Email Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

California-based Uber has announced a major organizational restructuring, revealing plans to eliminate 10% of its global workforce, impacting approximately 3,300 employees.

According to Uber’s latest regulatory filing, the job cuts will impact a global workforce of roughly 36,600 employees, about 14,600 of whom are in the US.

Drivers and couriers who use the Uber platform are not counted among those employees and are not part of the layoffs.

Uber, headquartered in San Francisco, is laying off thousands of jobs.
Uber CEO Dara Khosrowshahi on stage in New York City in 2019.
As part of this strategic pivot, the San Francisco-based ride-hailing giant is scaling back its remote work policy.

The shakeup could be felt particularly hard in Uber’s home state—where the company has a massive footprint.

Uber says roughly a third of its global workforce is based in the San Francisco Bay Area, home to its headquarters and offices in San Francisco and Sunnyvale.

In a memo shared on the company’s website, CEO Dara Khosrowshahi said: “We are removing layers, simplifying team structures, refining our global location strategy, and focusing our people and investments against the biggest opportunities ahead of us.”

But the overhaul isn’t just about jobs.


Download The California Post App, follow us on social, and subscribe to our newsletters

California Post News: Facebook, Instagram, TikTok, X, YouTube, WhatsApp, LinkedIn
California Post Sports Facebook, Instagram, TikTok, YouTube, X
California Post Opinion
California Post Newsletters: Sign up here!
California Post App: Download here!
Home delivery: Sign up here!
Page Six Hollywood: Sign up here!


As part of the strategic pivot, the San Francisco-based ride-hailing giant is significantly scaling back its remote work policy—another blow to Gen Z workers, who have come to cherish flexibility over five days behind an office desk.

“Global teams will be concentrated in our largest global hubs, NY and SF; regional teams in designated regional hubs; local teams in country hubs; and tech teams in tech hubs,” Khosrowshahi wrote.

Moving forward, Uber expects only about 1% of its workforce to remain fully remote, meaning thousands of employees accustomed to working from home could instead find themselves tethered to one of the company’s designated hubs.

“We’ll also continue to reinforce compliance with our hybrid work policy, which requires three days a week in the office.”

The move puts Uber firmly among the major companies tightening the screws on pandemic-era workplace flexibility, with younger workers particularly likely to feel the shift.

Investors, meanwhile, appeared to like what they saw.

Uber’s stock jumped 2.4% on Wednesday morning following the announcement.

Business California Gen Z layoffs Metro ride sharing Tech Uber
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related News

Nvidia’s Jensen Huang also had alleged affair with subordinate as new report details CEO’s dalliance in wake of Chinese spy scandal

November 11, 2026

Bay Area music venue shutters after just 5-year run in struggling city

November 11, 2026

California boasts the best — and second-worst — Dave & Buster’s in America

November 11, 2026

United Airlines bars AI agents from booking tickets, sending Meta shares tumbling

November 11, 2026

How Meta is transforming vision-impaired veterans’ lives with AI: ‘A whole new world’

November 11, 2026

Nvidia preps to boot Jensen Huang in wake of alleged affairs, Chinese ‘spy’ scandal

November 11, 2026
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Bay Area music venue shutters after just 5-year run in struggling city

Business November 11, 2026

Don’t cry because it’s over… Oakland club and music venue Crybaby will close at the…

California boasts the best — and second-worst — Dave & Buster’s in America

November 11, 2026

United Airlines bars AI agents from booking tickets, sending Meta shares tumbling

November 11, 2026

How Meta is transforming vision-impaired veterans’ lives with AI: ‘A whole new world’

November 11, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

Nvidia preps to boot Jensen Huang in wake of alleged affairs, Chinese ‘spy’ scandal

November 11, 2026

‘Barbie 2’ talks hit snag over $25M paydays for Margot Robbie, Ryan Gosling and Greta Gerwig in new test for David Ellison

November 11, 2026

Heating costs will surge this winter due to Iran war — with heating oil prices spiking as much as 70%

November 11, 2026

California tourist tiki bar closes after 20-year run, as owner blames high gas prices

November 11, 2026
The Financial News 247
Facebook X (Twitter) Instagram Pinterest
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact us
© 2026 The Financial 247. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.