The Globe and Mail reports in its Thursday edition that Uber will lay off about 3,300 employees, or 10 per cent of staff, in its largest cuts since the COVID-19 pandemic. A Reuters dispatch to The Globe says that Uber shares rose nearly 2 per cent. The stock has underperformed the S&P 500 and rival Lyft this year with a near 8-per-cent decline driven by worries about growing competition. DoorDash, Instacart and local delivery platforms have been putting pressure on Uber Eats, forcing the company to turn to deals such as its $14.8-billion (U.S.) Delivery Hero acquisition to build scale and compete better. Some of the concern stems from reports of growing tension between Uber and Waymo, the biggest U.S. robotaxi operator, which runs its cars through Uber's app in Austin, Tex., and Atlanta. Waymo has also been expanding into new markets without Uber, while rivals such as Tesla double down on robotaxis, feeding fears that a growing fleet of driverless cars could erode Uber's role as the middleman between vehicles and riders. Uber plans to put more than $10-billion (U.S.) into robotaxis, backing the companies developing autonomous-driving systems and positioning itself as a go-to marketplace for driverless rides.