Uber cuts 600 jobs in India as the coronavirus pandemic hurts business

  • 📰 CNN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

Uber said that it is cutting 600 jobs in India, roughly 25% of its workforce in the country.

The ride hailing company said on Tuesday that it is cutting 600 jobs in India, roughly 25% of its workforce in the country. People working in driver and rider support, as well as other functions, will be affected. The job losses affect full-time employees, not drivers. Uber declined to comment on how many drivers it has in India.Uber's president for India and South Asia, Pradeep Parameswaran, apologized to departing staff and called it a sad day for the company.

Read MoreIn India, Uber resumed ride hailing services in about 50 cities earlier this month, but much of the country remains under lockdown. With reduced demand for rides as many people stay home, Uber has partnered with local online grocery company Bigbasket and also launched a new package delivery service in India.Uber sells its India food business for 9.99% stake in local rival ZomatoIndia is a key market for Uber in Asia.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That's because bigots, like Joe Biden, comes with those racist remarks about Indian People.

In Joplin Missouri

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uber lays off 600 people in India as the coronavirus pandemic hurts businessUber said on Tuesday that it is cutting 600 jobs in India, roughly 25% of its workforce in the country. Good luck to those in India and I hope you find a new job fast. Changing their name to Under. Thanks Check out my Gig on Fiverr: I will built responsive web design and build a complete website
Source: CNN - 🏆 4. / 95 Read more »

Uber cuts 600 jobs in India as lockdown hits businessUber Technologies Inc will cut around 600 jobs in India as part of its plans to cut 23% of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt. Now will these people buy new cars and give a boost to the economy? Please answer nsitharaman ji
Source: Reuters - 🏆 2. / 97 Read more »