Uber has decided to shut down its Mumbai office. It is a part of the global restructuring efforts that the company is making. The services will continue in the city and the employees will be working from home till December. It is not clear if the employees will get a different office to work in after December. The decision was taken taking into account that the rent that Uber was shelling for its office was more than the profit it was making. The company has also decided to shut 45 offices globally; the employees will be working from home.
As per news agencies, Uber has laid off 6,700 full-time employees globally. In May Uber had laid off 600 employees in India. The company is currently freezing the hiring process. Due to the coronavirus pandemic, many companies were forced to make some difficult calls. Dara Khosrowshahi the CEO of Uber had told its employees that the company has been affected due to COVID-19 and they will have to make serious cost cuttings. Uber had reported a quarterly loss of $2.9 billion during the pandemic.
A lot of food delivery companies and mid-stage start-up companies have either shut their offices or have given them on rent. Even when the lockdown has been slowly lifting in phases, a lot of companies are still working from home and are functioning with a minimum strength in the office.
Ola had also decided to lay off 1,400 of its employees in May.
Uber and other ride-hailing companies are taking all the possible precautions in order to provide the best services to its riders along with ensuring their safety.
The company had taken a severe hit during the lockdown, but now that things are slowly getting back to the ‘new normal’.
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