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

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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.

 

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