Uber layoffs: ‘Some’ impact in India after company let go 435 employees globally

By: |
New Delhi | Updated: September 12, 2019 5:18:49 AM

Uber, which let go of about 435 employees across product and engineering teams globally, on Wednesday said “some jobs in India have been impacted”.

A source said the firm has about 600 staff across product and engineering teams in India. The spokesperson, however, declined to comment as to how many jobs have been lost in the country.A source said the firm has about 600 staff across product and engineering teams in India. The spokesperson, however, declined to comment as to how many jobs have been lost in the country.

Uber, which let go of about 435 employees across product and engineering teams globally, on Wednesday said “some jobs in India have been impacted”.

“India is a global engineering hub for Uber and we remain committed to significantly scaling up our teams in Hyderabad and Bengaluru to around 1,000 people. Uber CEO Dara Khosrowshahi will visit both engineering centres next month to meet employees and underscore our strategic investment in building the finest technology in India for the world,” an Uber India spokesperson said.

A source said the firm has about 600 staff across product and engineering teams in India. The spokesperson, however, declined to comment as to how many jobs have been lost in the country.

Of the 435 employees, over 85% are based in the US, 10% in Asia-Pacific and 5% in Europe, West Asia and Africa, international media reported citing sources.

“…We’re making some changes to get us back on track, which include reducing the size of some teams to ensure we are staffed appropriately against our top priorities. These were incredibly difficult calls as it means some of our employees no longer have a role, specifically around 170 people in our product group and 265 in engineering, which is roughly 8% of those two organisations,” Uber said in a statement.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Next Stories
1OnePlus gives a glimpse of future TV design
2Adani Power’s Tiroda plant gets MERC nod for higher coal price
3HDFC Bank doubles mid-corporate loan book to over Rs 90,000 crore in 3 years