Uber India said on Tuesday that it is laying off around 600 full-time employees, about 25% of the company’s workforce in the country, due to the coronavirus pandemic effect on its business.
“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… Today is an incredibly sad day for colleagues leaving the Uber family and all of us at the company,” Uber India and South Asia president Pradeep Parameswaran said in a statement.
The company said that the layoffs are part of the previously announced global job cuts. This comes a week after its rival Ola announced a lay off of its 1,400 staff as its revenue fell by 95%.
Last week, the US-based Uber Technologies – which is the parent company of Uber India – announced a 23 per cent cut in its workforce, in a bid to become profitable despite the coronavirus pandemic.