News > Uber India lays off 600 employees

Uber India lays off 600 employees

Business Standard | 26/05/2020 08:28 AM | Click to read full article

The retrenched employees would be paid 10 to 12 weeks of salary, besides medical insurance coverage for the next six months and outplacement support, the company said.  The move is part of the global restructuring plan announced earlier by Uber. In his back-to-back announcements this month, the CEO of the embattled vehicle aggregator said the company would retrench over 6,700 employees, or 25 per cent of its 27,000-strong workforce, across the globe, in a bid to save $1 billion.