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.
In India, Uber resumed ride hailing services in about 50 cities earlier this month, but much of the country remains under lockdown.
Earlier this year, Uber had touted its growing India business in a presentation to investors, saying it was the country’s No. 1 ride hailing company with more than 50% market share. Both Uber and Ola are backed by tech giant SoftBank.
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