Uber's Global Layoff Spree Hits 600 Employees In India
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India, May 26 -- San Francisco-headquartered cab aggregator Uber has now announced layoffs in India. The company reportedly laid off 600 employees across driver and rider support, as well as other functions.
According to an email sent by Uber CEO Dara Khosrowshahi to employees, the layoffs are part of the company's already announced global job cuts which were being done in phases across geographies.
For India, Pradeep Parameswaran, President, Uber India and South Asia, reportedly said, "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."
All impacted employees will receive a minimum of 10 weeks payout, medical insurance coverage for the next si...
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