Uber Cuts 10% to Streamline Future Tech | Business and Finance News

Uber’s cutting about 10% of its workforce—roughly 3,400 employees—to streamline operations, speed up decision-making, and free up cash for future bets like self-driving tech. CEO Dara Khosrowshahi framed it as a move to simplify the company and clarify responsibilities, trimming middle management layers without blaming AI. Surprisingly, Uber’s stock rose on the news, signaling investor confidence in the pivot toward leaner, faster growth. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7a1832f7fc47496d