Uber cuts 600 jobs in India as lockdown hits business | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

BENGALURU, May 26 — Uber Technologies Inc will cut around 600 jobs in India as part of its plans to cut 23 per cent of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt. Last week, Uber said it would focus on its core...

An employee walks inside the office of ride-hailing service Uber in Gurugram, on the outskirts of New Delhi, India, April 19, 2016. — Reuters pic

Last week, Uber said it would focus on its core businesses of ride-hailing and food delivery, and cut staffing by more than a third globally in an attempt to become profitable despite the coronavirus pandemic. The company’s rival in India, SoftBank Group-backed Ola said last week it would cut abut 1,400 jobs as a lockdown brought down revenue by 95 per cent in the last couple of months.

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:

 /  🏆 1. in SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines