Highlights
- Uber has been downsizing its global team amid mounting losses
- These are expected to impact Uber’s businesses in the country
- Uber has 350-400 employees in India
Uber has just laid off around 350 employees across a variety of teams within the organization. The company says its third and final phase of layoffs of the process it began earlier this year, Uber CEO Dara Khosrowshahi said.
“On Monday, the company had emailed employees saying it would cull jobs of 350 people across the world and 70% of that will be in the United States and Canada”
Those affected include employees from Eats, Performance Marketing, Advanced Technologies Group and Recruiting, as well as various teams within the global rides and platform departments. Some employees have also been asked to relocate.
This is the third round of layoffs at the transportation major which went public earlier this year and has been on a drive to cut losses in the backdrop of a disappointing IPO.
In July, Uber had already cut 400 jobs in its marketing services, and another 435 jobs in September in its engineering and product departments. According to a document filed with the Securities and Exchange Commission, Uber had approximately 24,500 employees worldwide as of March 31, 2019, including 12,800 outside the United States.
In India, marketing, CRM team, and analytics continue to shrink. Uber confirmed the global layoffs but declined to comment on specifics until press-time on Tuesday.
