Uber cuts 600 jobs in India as virus hits biz
Bengaluru:27.05.2020
Uber Technologies Inc will cut around 600 jobs in India as part of its plans to cut 23% 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 staffing by more than a third globally 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 1,400 jobs as a lockdown brought down revenue by 95% in the last couple of months. Both Ola and Uber’s business came to a halt in late March as India enforced a countrywide lockdown. REUTERS
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