India Markets close in 2 hrs 10 mins

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

FE Bureau
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.