Uber lays off 600 employees as Covid-19 hits ride-hailing enterprise

Uber has fired 600 folks in India throughout ranges and groups on Tuesday, every week after homegrown rival Ola slashed its workforce by a 3rd.

Uber confirmed the event.

“The affect of Covid-19 and the unpredictable nature of the restoration has left Uber India with no selection however to scale back the scale of its workforce…600 folks throughout driver and rider assist, in addition to different capabilities, are being impacted,” mentioned Pradeep Parameswaran, President, Uber India and South Asia.

According to an e-mail despatched by Dara Khosrowshahi to staff, which was reviewed by ET, the layoffs are a part of the corporate’s already introduced world job cuts which had been being finished in phases throughout geographies.

“Today is an incredibly sad day for colleagues leaving the Uber family and all of us at the company. …. I want to apologize to departing colleagues, and extend my heartfelt thanks to them for their contributions to Uber and the riders and driver-partners we serve in India,” Parameswaran mentioned.

All staff will obtain a minimal of 10 weeks payout, medical insurance coverage for the following six months, outplacement assist, be allowed to retain their laptops and given the choice to hitch the Uber expertise listing.

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