Uber Technologies will cut around 600 jobs in India as part of its plans to lay off 23 percent of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt.
Photo: File
Uber Technologies will cut around 600 jobs in India as part of its plans to lay off 23 percent of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt. Photo: File

Uber cuts 600 jobs in India as lockdown hits business

By Chandini Monnappa Time of article published May 26, 2020

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INTERNATIONAL - Uber Technologies will cut around 600 jobs in India as part of its plans to lay off 23 percent of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt.

Last week, Uber said it would focus on its core businesses of ride-hailing and food delivery and cut costs in an attempt to become profitable despite the coronavirus pandemic.

“The impact of Covid-19 and the unpredictable nature of the recovery has left Uber IndiaSA with no choice but to reduce the size of its workforce,” Uber India and South Asia President Pradeep Parameswaran said.

The company’s rival in India, SoftBank Group-backed Ola said last week it would cut abut 1400 jobs as a lockdown brought down revenue by 95 percent in the last couple of months.

Uber Technologies will cut around 600 jobs in India as part of its plans to lay off 23 percent of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt. Photo: File


Both Ola and Uber’s business came to a halt in late March as India enforced a countrywide lockdown to contain the spread of the virus. The government has since lifted some restrictions, but companies across the board face challenges as demand for their services have dropped.

Uber did not say how many workers it employs in India, but a source told Reuters that the company employed around 2400-2500 employees before Tuesday’s job cuts were announced.

Reuters

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