New Delhi | Jagran Business Desk: Ride-hailing company Uber India on Tuesday announced that it has decided to lay off 600 employees, which is about 25 per cent of its total workforce in the country, in wake of the coronavirus pandemic.

In a statement, Uber India President Pradeep Parameswaran said that the company will provide the 600 employees with a minimum 10 weeks payout, medical insurance coverage for the next six months, outplacement support while adding that they will be allowed to retain their laptops and given the option to join the Uber talent directory.

"The impact of Covid-19 and the unpredictable nature of the recovery has left Uber IndiaSA with no choice but to reduce the size of its workforce. Around 600 full time positions across driver and rider support, as well as other functions, are being impacted. These reductions are part of previously announced global job cuts this month," Parameswaran said in a statement, as reported by the LiveMint.

"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 we can look to the future with confidence. I want to apologize to departing colleagues, and extend my heartfelt thanks to them for their contributions to Uber and the riders and driver partners we serve in India," he added.

This comes a week after another ride-hailing app Ola announced that it will lay off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two months.

Posted By: Aalok Sensharma