Uber is cutting roughly 10% of its workforce, or about 3,300 jobs, in an effort to streamline operations, the company announced on Wednesday.

The ride-hailing giant’s CEO, Dara Khosrowshahi, said in a memo to employees that the company is removing management layers, simplifying teams and refining where its teams are based.

“The changes we’re making today are designed to do two things: make Uber simpler and faster, and create more capacity to invest in our future,” Khosrowshahi said.

“A leaner organization will mean clearer ownership, faster decisions, and more time spent building rather than coordinating,” he said. “It will also generate…

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