Uber Shuts down Mumbai Office as Part of Cost Cutting Measures

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INTRO: The Ride-hailing giant Uber has reportedly pack up its office situated in Mumbai. The news comes almost a month after the corporate laid off 600 employees as a cost-cutting measure. Uber isn’t stopping its operations within the city, though. According to an Uber spokesperson quoted by Mint, the corporate will still “provide a high level of service to all or any its riders in Mumbai”.

Uber shuts Mumbai office, services for riders to remain unaffected

Business Uber Shuts down Mumbai Office as Cost Cutting Measure ... According to the report, Uber Mumbai’s employees will still work from home until the top of the year. For now, it remains uncertain if the corporate would allocate these employees to other branches. The unexpected nature of the move suggests that this is often a part of Uber’s global downsizing efforts thanks to the coronavirus pandemic. It laid off a complete of 6,700 employees worldwide in May. Uber’s CEO is seemingly getting to make cost-cutting measures accounting to $1 billion so as to form up for business disruptions in wake of the Coronavirus pandemic.

Already 600 Uber Employees had Been Laid Off

“The impact of Covid-19 and therefore the unpredictable nature of the recovery has left Uber India with no choice but to scale back the dimensions of its workforce. Around 600 full-time positions across driver and rider support, also as other functions, are being impacted,” said company President for India and South Asia businesses in May.

Uber had to halt its operations in March this year thanks to the coronavirus pandemic. The company, however, has now resumed most of its services across the country. Since the coronavirus pandemic has shown no signs of slowing down yet, it’s going to take quite a while for it to work because it won’t to before.

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