Matt Winkelmeyer/Getty Images Ride-hailing giant Uber announced that it would cut 600 jobs in India as part of its plans to scale down its workforce, close multiple offices, and survive the downturn. "The impact of Covid-19 and the unpredictable nature of the recovery has left Uber India SA with no choice but to reduce the size of its workforce," Uber India and South Asia President Pradeep Parameswaran told Reuters. India's countrywide lockdown to contain the spread of the coronavirus has hit both Uber and its South Asia ride-hailing competitor Ola hard.

BING NEWS:
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    The San Francisco-based ride-hailing service confirmed that it will keep operating in the city until July. Lyft, also based in San Francisco, has said it too will continue operating until July 1.
    04/12/2024 - 3:54 am | View Link
  • Uber and Lyft delay their plans to leave Minneapolis next month. Here’s why
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    04/11/2024 - 1:00 pm | View Link
  • Uber gets the green light to hit the streets of N.L.
    On Tuesday morning, the provincial government announced it had granted a ride-hailing service licence to the global giant. "It is our first time in the province so we haven't quite determined our ...
    04/9/2024 - 9:37 am | View Link
  • Minneapolis To Reconsider Wage Hike for Uber and Lyft Drivers After Companies Threaten To Leave
    The future of Uber and Lyft in Minneapolis has been a source of concern and debate in recent weeks after the City Council voted last month to require that ride-hailing companies pay drivers a higher ...
    04/9/2024 - 2:26 am | View Link
  • What we know about Uber's, Lyft’s planned exit from Minneapolis
    The future of Uber and Lyft in Minneapolis has garnered concern and debate in recent weeks after the City Council voted in March to require that ride-hailing companies pay drivers a higher rate ...
    04/8/2024 - 7:29 am | View Link
  • More

 

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