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Brief: Uber To Reduce Size Of Team By About 10%

BRIEF-Uber To Reduce Size Of Team By About 10%

- Uber Technologies, Inc. UBER.N:

  • UBER: WE WILL BE REDUCING THE SIZE OF OUR TEAM BY ABOUT 10%

  • UBER: WE ALSO CUT DOWN THE NUMBER OF MANAGEMENT LAYERS BY BROADENING MANAGER SCOPES, PARTICULARLY WHERE WE HAD “MICRO-TEAMS” OF ONLY 1-2 REPORTS

  • UBER - REDUCED NUMBER OF EMPLOYEES WHO SIT 7+ LAYERS FROM CEO BY 20% AND THE NUMBER OF MICRO-TEAMS BY NEARLY 50%.

  • UBER: ASKING VAST MAJORITY OF REMOTE EMPLOYEES TO MOVE TO AN OFFICE, AND GOING FORWARD, ONLY ABOUT 1% OF EMPLOYEES WILL BE REMOTE - WEBSITE

  • UBER: ALSO CONTINUE TO REINFORCE COMPLIANCE WITH OUR HYBRID WORK POLICY, WHICH REQUIRES THREE DAYS A WEEK IN THE OFFICE

  • UBER - GLOBAL TEAMS TO BE CONCENTRATED IN NY AND SF HUBS; REGIONAL TEAMS IN REGIONAL HUBS; LOCAL TEAMS IN COUNTRY HUBS; TECH TEAMS IN TECH HUBS

  • UBER - IN TECH COMBINING CORE SERVICES ENGINEERING AND SCIENCE TEAMS

  • UBER: HAVE REDUCED ROLES PRIMARILY FOCUSED ON COORDINATION, & HAVE CLARIFIED REMIT OF COORDINATION ROLES THAT REMAIN


Further company coverage: UBER.N


((Reuters.Briefs@thomsonreuters.com;))

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