Business

Uber Slashes 3,000 Jobs and Strips Back Its Management Maze in a Bet on the Future

Uber is tearing out layers of management and sending more than 3,000 people out the door in one of its most significant corporate overhauls in years. CEO Dara Khosrowshahi says the company grew too fast, too thick, and too slow. Now, the San Francisco giant is betting that a stripped-back structure will unlock its next big chapter.