The big picture: Uber is eliminating 3,300 jobs, roughly 10% of its workforce, and restructuring its organization to fund a $10 billion-plus investment in autonomous vehicles through partnerships rather than in-house development.

Why it matters: This move signals a broader trend in tech where financially healthy companies are proactively restructuring and shedding management layers to reallocate capital towards AI and automation, impacting workforce composition and remote work policies.

Between the lines:

• Uber cut 20% of employees 7+ layers from the CEO and nearly 50% of