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Uber India lays off 600 employees due to financial stress

May 26, 2020 11:15 IST

Uber India on Tuesday said that it was laying off 600 of its employees across customer and driver support, business development, marketing and other verticals. This is 25% of its total headcount of 2,400 in the country. The move is part of the company’s global restructuring plan as the company is facing severe financial stress amid the coronavirus led lockdowns in various countries. Those laid off would be given 10 to 12 weeks of salary, medical insurance coverage for the next six months and outplacement support, the company said. Uber has laid off 6,700 employees globally since the start of the pandemic.