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Uber, PayPal, Apple cut over 6,300 jobs in early September amid broader restructuring

(www.storyboard18.com) · news from 8 Sep 2026 · by Rapid_Signal_7270 · ·
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Worldwide Information Technology
Uber eliminated roughly 3,300 positions globally in early September, about 10% of its workforce, consolidating teams and reducing management layers to accelerate decision-making as it focuses on ride-hailing, delivery and autonomous mobility. PayPal cut around 600 employees in India across its Chennai, Bengaluru and Hyderabad operations as part of a global cost-reduction effort. Apple eliminated more than 200 positions including roles tied to Siri and Vision Pro, while reorganizing around AI capabilities. Oracle and Zomato also made workforce reductions. The article attributes the cuts to multiple pressures - cost discipline, correcting post-pandemic over-hiring, simplifying organizational complexity and shifting investment toward AI - rather than AI alone driving the layoffs.

Source: Read the original article at www.storyboard18.com ↗

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