After Ola, ride-hailing firm Uber lays off 600 employees in India

WION Web Team New Delhi May 26, 2020, 11.25 AM(IST)

Uber logo. Photograph:( Reuters )

Story highlights

Uber's job cuts come from across the segments, including customer and driver support, business development, legal, finance, policy and marketing verticals, according to a report.

Ride-hailing firm Uber has laid off 600 employees in India, about 25% of its total workforce in the country. The development comes after Uber's competitor in India, Ola had also announced that it was laying off over 1,400 employees, around 35% of its total workforce in the country.

Uber cut job across the segments, including customer and driver support, business development, legal, finance, policy and marketing verticals, according to a report.

Uber said that the affected employees will be provided with 10-week payout and medical insurance coverage for the next six months.

These reductions are part of previously announced global job cuts this month, a report quoting Pradeep Parameswaran, President, Uber India and South Asia stated.

Parameswaran said that they made the decision to look to the future with confidence. 

He also apologized to departing colleagues and extended his heartfelt thanks to them for their contributions to Uber and the riders and driver-partners.

Uber has fired a total of 6,700 total employees worldwide. With this, 25 per cent of its global workforce is now out of job.