Uber Announces Even More Job Cuts

Struggling ride hailing company Uber announced this week that it is slashing even more jobs, this time the jobs are in India.

Uber is cutting 600 jobs in the country, which represents 25% of the company’s workfroce in India.

The job cuts affect teams across customer and driver support, business development, legal, policy, marketing, and finance, are part of the company’s global restructuring that eliminated 6,700 jobs this month.

Uber had said that it was providing 10 to 12 weeks of salary to the employees who were being let go, in addition to offering them medical insurance for the next six months.

“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. Around 600 full time positions across driver and rider support, as well as other functions, are being impacted. These reductions are part of previously announced global job cuts this month. Today is an incredibly sad day for colleagues leaving the Uber family and all of us at the company. We made the decision now so that we can look to the future with confidence,” said Pradeep Parameswaran, President for Uber’s India and South Asia businesses through a spokesperson.

“I want to apologise to departing colleagues and extend my heartfelt thanks to them for their contributions to Uber, the riders, and the driver partners we serve in India,” he added.

It was last week that local rival Ola had cut 1,400 jobs, or 35% of its workforce.

Disclaimer: We have no position in Uber Technologies Inc. (NYSE: UBER) and have not been compensated for this article.