Uber To Cut Thousands Of Jobs To Make The Company 'Simpler And Faster.' Its Stock Rose

Source: International Business Times

Uber is set to cut 10% of its workforce to make the company "simpler and faster. " AFP / DENIS CHARLET Uber announced on Wednesday that it is set to cut about 10% of its workforce to make the company "simpler and faster. "In a message sent to company employees, CEO Dara Khosrowshahi said the move also seeks to "create more capacity to invest in our future.