Uber said that it is cutting 600 jobs in India, roughly 25% of its workforce in the country.
The ride hailing company said on Tuesday that it is cutting 600 jobs in India, roughly 25% of its workforce in the country. People working in driver and rider support, as well as other functions, will be affected. Uber's president for India and South Asia, Pradeep Parameswaran, apologized to departing staff and called it a sad day for the company. He added that Uber will provide 10 weeks of pay and six months of medical insurance for affected staff.
Read MoreIn India, Uber resumed ride hailing services in about 50 cities earlier this month, but much of the country remains under lockdown. India is a key market for Uber in Asia. The company had previously sold off the bulk of its ride-hailing business in Asia to Chinese rival DiDi and Singapore's Grab. It still operates in places such as Japan, Hong Kong and Taiwan.
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