Adding to the long list of layoffs by major startups, 245 employees of UberEats India are now on the verge of getting the pink slip after the company’s acquisition by Zomato.
According to a report by The News Minute, these employees have been asked to leave the company by March this year. While 163 of these employees are based out of Hyderabad, others work from different cities. Uber had informed its UberEats India employees about these layoffs in January itself.
To help out these employees, Uber has given them an opportunity to apply at various roles within Uber, while also providing them assistance in finding a new role outside the company. The company has also announced severance pay for these employees if they somehow fail to secure a job by March 2020.
“These employees have been given an option to reapply for other open positions at Uber. In fact, a few have already received offers for roles within India and across the globe,” an Uber spokesperson said.
UberEats India was acquired by Zomato in January. After the acquisition, Uber also became a shareholder of Zomato as it received a 9.6% stake in the company from this transaction.
Launched in 2017, UberEats India had partnered with over 200 restaurants and till the time of its acquisition had expanded to more than 30 cities.