Uber India has announced it will be laying off 600 of its 2,400 employees on Tuesday 26 May, across customer and driver support, business development, legal, finance, policy and marketing verticals.
Those employees being let go will not leave empty handed the firm has confirmed, with a 10 to 12 week salary being offered. In addition, they will be offered medical insurance coverage for the next six months and outplacement support. They will also be allowed to keep their laptops and be given the opportunity to join the Uber talent directory; set up to showcase the talents of those who have lost their employment at the company.
“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 that we can look to the future with confidence.
“I want to apologise to departing colleagues and extend my heartfelt thanks to them for their contributions to Uber, the riders, and the driver partners we serve in India,” said Pradeep Parameswaran, Uber president for India and South Asia, who confirmed the development.
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