Uber Cuts Jobs as Dell Raises Full-Year Revenue Forecast
Uber is cutting about 3,300 roles, roughly 10% of its global staff, through a restructuring meant to reduce management layers and reallocate spending toward its ride-sharing, delivery and robotaxi businesses. Dell shares rise after it beats second-quarter expectations and lifts its full-year revenue forecast. PG&E plans to defer about $2 billion of investment amid a strategic review of wildfire-response plans.