Global ride-hailing service Uber will be cutting 600 jobs about 25% of its workforce in India as the company announced on Monday to cut the costs and steer through the Coronavirus pandemic that has hugely impacted the transportation business.
The fresh job cuts will affect teams across customer and driver support, business development, legal, policy, marketing, and finance that are part of the company’s 6,700 job eliminations around the world to restructure the company which has been dealing with revenue drops and losses increasing.
The company also announced that it will be offering 10 to 12 weeks of salary to the employees who are being let go and medical insurance for the next six months.
“The impact of Covid-19 and the unpredictable nature of the recovery has left Uber India with no choice but to reduce the size of its workforce. Around 600 full-time positions across driver and rider support, as well as other functions, are being impacted. These reductions are part of previously announced global job cuts this month. Today is an incredibly sad day for colleagues leaving the Uber family and all of us at the company. We made the decision now so that we can look to the future with confidence,” said Pradeep Parameswaran, President for Uber’s India and South Asia businesses, in a statement through a spokesperson.
“I want to apologize to departing colleagues and extend my heartfelt thanks to them for their contributions to Uber, the riders, and the driver-partners we serve in India,” he added.
India’s top ride-hailing service Ola has also announced to layoff 1400 employees in India due to the Coronavirus pandemic.
