Uber $UBER is undergoing a massive restructuring, laying off 10% of its workforce (3,300 people) and cutting manager roles by 20%.

• Remote worker headcount is dropping to just 1%, with staff consolidating into core hubs like NY and SF to boost collaboration.
• This isn't just about cutting costs; it's about reallocating capital. Uber is redirecting $10 billion into robotaxi partnerships with players like Lucid $LCID , Rivian $RIVN , and Avride.
• In the future, Uber wants to stop being a commission-based broker and become a global force that directly manages autonomous fleets or provides platforms for these fleets.
They are sacrificing today’s traditional headcount to fund tomorrow's autonomous future.