Uber Lays Off 600 Employees In India As Lockdown Paralyses Its Operations
On Tuesday, Uber announced that it is laying off around 600 full-time employees as a subsequent result of the coronavirus pandemic across the country.
Taxi company Uber India, on Tuesday, announced that it will be laying off 600 full-time employees as a result of the coronavirus pandemic and subsequent lockdown that has led to the shutdown of operations across the country. As per an ANI report, the unpredictable nature of the recovery of COVID-19 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,” said Pradeep Parameswaran, President of Uber India and South Asia. He also said that laid-off employees will receive a minimum of 10 weeks’ payout, medical insurance coverage for the next six months, outplacement support, and will also be allowed to retain their laptops.
Last week, the company announced a 23 percent cut in its workforce in a bid to become profitable despite the pandemic. Last week, Uber India’s rival Ola had laid off 1,400 employees to navigate the strict coronavirus lockdown, which it said led to a 95 percent decline in its revenue.
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