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Dara Khosrowshahi

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Uber slashes people division by nearly a quarter. CEO says 'changes are necessary'

Uber is slashing 23% of jobs in its people division as it seeks to streamline operations under the direction of new president Jill Hazelbaker. CEO Dara Khosrowshahi said in a memo that the "changes are necessary to maximize the effectiveness of the People team and the enormous potential ahead of us." The impacted team includes recruitment and human resources staff.

CNBC 6d ago

Sam Altman 'accepts' clients telling him they spent entire 2026 budget in Q1

ChatGPT-maker OpenAI’s CEO, Sam Altman, has admitted that businesses are increasingly concerned about the cost of using artificial intelligence (AI). The chief executive of the AI company has revealed that some customers are telling OpenAI that they have already exhausted their annual AI budgets within the first few months of the year. Speaking at the Intelligence at Work event, Altman said concerns about AI spending have emerged rapidly among OpenAI's customers, marking a shift from earlier...

Times of India 5d ago

Uber sets AI usage limit for employees after exceeding AI budget

Uber has set usage caps on artificial intelligence (AI)-powered tools like Claude, Cursor used by its employees. According to a Bloomberg report, the ride-hailing firm exceeded its AI budget earlier this year and the latest move is aimed to manage the rising costs. “We think this is all a pretty straightforward way to responsibly encourage agentic AI adoption and experimentation at scale across the company,” an Uber spokesperson said as quoted in the report.

Times of India 7d ago