Just two months after it let 400 employees in its marketing department go, Uber has announced another round of lay-offs.
This time around, however, more employees are being let go with 435 members of Uber’s product and engineering teams being let go. That figure represents eight percent of the firm’s workforce in those teams.
What is bizarre about this round of lay-offs is that, according to The Verge, the hiring freeze on new software engineers and product managers has been lifted.
“Our hope with these changes is to reset and improve how we work day to day—ruthlessly prioritizing, and always holding ourselves accountable to a high bar of performance and agility,” Uber said in a statement.
The firm appears to be hopeful that these cuts will make Uber a stronger technical organisation.
The lay-offs affect regional offices with 85 percent of the lay-offs happening in the US, 10 percent in Asia-Pacific and five percent in Europe, the Middle East and Africa.
While the logic is that Uber’s poor performance on the markets is to blame, Uber says that as it grew quickly it hired rapidly. Now that things have settled down to an extent, Uber wants to be leaner.
While we can’t fault the organisation for that it does sting to know 400+ people are now without a job.