Uber India lays off 600 employees
BENGALURU: Ride hailing company Uber Technologies Inc’s Indian arm will cut 600 jobs across functions, as it navigates a strict coronavirus lockdown that has brought businesses to a grinding halt, Uber India President Pradeep Parameswaran said on Tuesday.
The company said the affected employees will be given a minimum 10-week payout and medical insurance coverage for the next six months, outplacement support, will be allowed to retain their laptops and given the option to join the Uber talent directory.
“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,” Pradeep Parameswaran, Uber India and South Asia president, said.