Uber To Lay off 600 Employees On India as COVID-19 Crisis Hit Revenues

Uber

Uber India’s decision comes as the COVID-19 infections in the country have topped 1.5 Lakhs and it continues to rise.

New Delhi| One of the world’s top cab aggregator, Uber, has stated that it is laying off 600 of its employees in India in an attempt to cut costs amid the ongoing COVID-19 pandemic.

The company said in a statement that layoffs come from across driver and rider support, as well as other functions.

These reductions are part of its previously announced global job cuts earlier this month, Uber added.

The move comes at a time when the nation remains in the fourth phase of lockdown with few exemptions to curb the spread of the COVID-19 outbreak, which has driven the economy into a standstill and pushed many businesses to cut workforce.

“The impact of COVID-19 and the unpredictable nature of the recovery has left Uber India SA with no choice but to reduce the size of its workforce,” Uber India and South Asia president Pradeep Parameswaran said.

The move comes nearly a week after Uber’s biggest rival in the country Ola announced a lay off of its 1,400 staff as its revenue fell by 95%.

Also Read: As Mumbai Coronavirus Cases Blow Up, CAPF Deployed In MMR

All the metro cities especially Mumbai and Delhi are under strict lockdown since March 25th.

The total cases in India surged to 145,380 including over 60,000 cured/discharged or migrated and 4,167 deaths amid lockdown to curb the spread of COVID-19.

In the past 24 hours, 146 casualties were recorded. 6,500 cases new cases of COVID-19 were recorded in the last 24 hours.


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