India Post News Paper

Blog

 Breaking News

Uber India lays off around 600 employees

Uber India lays off around 600 employees
May 26
15:06 2020

NEW DELHI: Uber India on Tuesday announced to lay off around 600 full-time employees due to the impact of the coronavirus crisis. The affected employees would be from across driver and rider support among other functions, President for Uber’s India and South Asia businesses, Pradeep Parameswaran, said in a statement.

“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,” he said.

Parameswaran noted that the reductions are part of the 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. 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 said.

According to the company, the employees would be paid around 10 weeks of salary, along with medical insurance coverage for the next six months and outplacement support.

So far, Uber has globally laid off over 6,700 employees.

The development comes just days after the OLA announced to lay off 1,400 employees as revenues fell 95 percent in two months

Comments

comments

About Author

India Post Newspaper

India Post Newspaper

Refresh yourself every morning with India Post news coverage, videos & photos in India Post News Paper. Check out the news stories from India and the World.

Related Articles

EPAPER – LATEST EDITION – August 19th, 2022

ADVERTISEMENT – ZEE5

ZEE 5 Rangbaaz

ADVERTISEMENT – GYFTING

GYFTING

ADVERTISEMENT – CALTRANS

Caltrans Near Me

ADVERTISEMENT – SKY RIVER CASINOS

SkyRiver Casinos Opening Soon Near You

ADVERTISEMENT – SHEA HOMES

Shea Homes

ADVERTISEMENT – BLUE MOUNTAIN COMMUNITIES

Blue Mountain Communities 2022

ADVERTISEMENT – 22BET

22Bet Sports

POPULAR CATEGORIES

50 SPIRITUAL APPETIZERS – VINOD DHAWAN

50-ad-Indiapost

It’s a lovely book. It feels energetically clear and light. It’s easy to read, dip in and out and most importantly it offers information without fluff! Blessings on this project.

Jac O’Keeffe
Spirituality teacher based in USA.

*Available on Amazon, Flipkart & other online stores*

Download Media Kit

India Post Media Kit