600 Indian employees sacked by Uber cabs due to COVID19 impact
The coronavirus crisis continues to make life difficult for start-ups in India with several of them forced to sack employees in huge numbers. The latest to do so is Uber India, which has let go off 600 employees in the country or about 25 per cent of its workforce.
The coronavirus crisis continues to make life difficult for start-ups in India with several of them forced to sack employees in huge numbers. The latest to do so is Uber India, which has let go off 600 employees in the country or about 25 per cent of its workforce. Those asked to leave work across customer and driver support, business development, legal, finance verticals. The company mentioned that the sacked staff would be paid 10 to 12 weeks of salary, besides medical insurance coverage for the next six months and outplacement support.
No Choice
Pradeep Parameswaran, president, Uber India and South Asia, 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...600 people across driver and rider support, as well as other functions, are being impacted.” Source - Reuters.
Ola, Zomato, Swiggy on Same Page
The others to take similar steps include Ola, food platform Zomato and online food delivery service provider Swiggy. Uber’s competitor Ola had cut 1,400 jobs as revenues fell by 95 per cent in the last two months due to the Covid-19 pandemic. Zomato had fired 13 per cent of its 4,000-employees, while Swiggy had laid off 1,100 staff." Source - Reuters.
Sad Day
"Today is an incredibly sad day for colleagues leaving the Uber family and all of us at the company. We made the decision now so we can look to the future with confidence. I want to apologize to departing colleagues, and extend my heartfelt thanks to them for their contributions to Uber and the riders and driver partners we serve in India," Parameswaran added.