Uber announces 10% corporate layoffs, impacting 3,300 staff, as it cuts management roles amid tech sector restructuring.
Uber announced it will lay off approximately 10% of its corporate workforce, eliminating around 3,300 positions focused on management and coordination roles, while also requiring most employees to return to the office at least three days per week.
The insurance company says it didn’t make ‘The Mission at Corgi.’ An investor said he got a copy at Corgi’s office.
Global bond yields are climbing sharply as macroeconomic fears intensify, with the U.S. 10‑year Treasury hitting its highest level since 2025 and similar spikes seen across the UK, Germany and Japan. The sell‑off is spilling into mortgage rates and equities, while investors weigh the prospect of further Fed rate hikes.
Meta is shifting its workforce from Google Chat to Slack, citing Slack’s suitability for AI agents and the resulting benefits for Salesforce amid growing AI integration in workplace communication.
Leadership
Those who think they can double outputs with AI by simply doubling inputs are omitting approaching enterprise AI entirely backwards.
Business
Ronnie Wood returns to the U.K. charts as Fearless – Anthology 1965–2025 debuts across three major tallies, marking his highest solo placements to date.