Uber India Lays Off 600 Employees as Covid-19 Crisis Hits Revenues

Cab aggregator Uber India announced on Tuesday its decision to lay off about 600 employees due to the coronavirus crisis which has adversely impacted its services. Uber India's decision comes after the Centre, on May 17, extended the nationwide lockdown until May 31, but allowed several more relaxations outside containment zones to restart economic activity.

Uber India and South Asia president Pradeep Parameswaran in a statement said: "Around 600 full-time positions across driver and rider support, as well as other functions, are being impacted. These reductions are part of previously announced global job cuts this month."

"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," he added.