Uber announced a major restructuring plan that includes cutting 10% of its global workforce, affecting about 3,300 employees. CEO Dara Khosrowshahi said the company is simplifying team structures and focusing on key growth areas. Uber is also significantly reducing its remote work policy, requiring most employees to work from major hubs like New York and San Francisco, with only 1% allowed to remain fully remote. The announcement boosted Uber's stock by 2.4%.
Job openings in the U.S. reached 7.27 million in July 2026, the highest since May, yet payrolls declined by about 23,000 jobs, mainly due to a hiring freeze for workers aged 22 to 25. AI adoption is reshaping the labor market by reducing entry-level ...
Zoox, an Amazon-owned autonomous vehicle company, has extended its commercial robotaxi service in Las Vegas to include rides to and from Harry Reid International Airport. This expansion follows a recent federal exemption allowing Zoox to operate and ...
Delivery Hero's board has approved Uber's $15 billion takeover offer, recommending shareholders accept the deal. The acquisition would create one of the world's largest on-demand food delivery platforms and expand Uber's global reach significantly. T...
Amazon is eliminating about 150 positions at its Northern California offices, with 70 jobs cut in Sunnyvale and 78 in San Francisco. These layoffs are part of a broader effort by CEO Andy Jassy to reduce management layers and bureaucracy, following r...
Uber drivers from the UK, Netherlands, and other European countries have launched a class action lawsuit against Uber, claiming its AI-driven pay-setting algorithm breaches privacy laws and unfairly lowers their earnings. The lawsuit, filed in Amster...
