Uber India has witnessed a sharp decline due to nationwide lockdown, and hence it is in the process of letting go of around 500-700 employees from its India office, according to two people familiar with the matter. They plan to have the layoffs within the next two weeks, added the people cited above.
This comes just in the backdrop of a news report that said Uber CEO Dara Khosrowshahi told its staff to expect a decision on layoffs in the next two weeks. As per the reports, Uber is in discussions to lay off 20% of its employees.
“The company is set to lay off up to 700 people in India. The decision has been almost final and likely to be announced when lockdown will get lifted,” said one of the sources requesting anonymity. “With this, Uber would be laying off about 25-30% of its overall workforce in India.”
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