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Uber cuts 600 jobs in India as lockdown hits business

Uber Technologies Inc will cut around 600 jobs in India as part of its plans to cut 23 per cent of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt.

Last week, Uber said it would focus on its core businesses of ride-hailing and food delivery, and cut staffing by more than a third globally in an attempt to become profitable despite the coronavirus pandemic.


"The impact of Covid-19 and the unpredictable nature of the recovery has left Uber IndiaSA with no choice but to reduce the size of its workforce," Uber India and South Asia president Pradeep Parameswaran said.

The company's rival in India, SoftBank Group-backed Ola said last week it would cut abut 1,400 jobs as a lockdown brought down revenue by 95 per cent in the last couple of months.

Both Ola and Uber's business came to a halt in late March as India enforced a countrywide lockdown to contain the spread of the virus. The government has since lifted some restrictions, but companies across the board face challenges as demand for their services have dropped.

Uber employed around 2,400-2,500 employees before Tuesday's job cuts were announced.

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UK business confidence sinks to three-year low after November budget

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  • Business confidence slid to -11.1 in late 2025, the weakest since 2022
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British businesses ended 2025 in their most pessimistic mood in three years, with confidence slipping further after the November budget, according to a closely watched survey published on January 15.

The Institute of Chartered Accountants in England and Wales said its business confidence index fell to -11.1 in the fourth quarter, down from -7.3 in the previous quarter and the lowest reading since the end of 2022. Confidence weakened steadily between September and December and dropped again after the budget delivered on November 26 by finance minister Rachel Reeves, the survey showed.

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