Ride hailing giant Uber has announced the appointment of Manikandan Thangarathnam as Senior Director to lead all Rider and Platform engineering teams. The move will strengthen the company’s tech team in India, it said. “We’re bolstering our tech presence in India with the hire of Amazon veteran, Manikandan Thangarathnam. He joins us as Senior Director…
Uber, the global ride hailing services provider that develops applications for road transportation, navigation, ride sharing, and payment processing solutions, announced that it has introduced Auto Rentals services in India. “The new Uber Auto Rentals service understands your needs and priorities: one of which is to book a ride by the hour to help get…
Ride-hailing giant Uber recently announced that it has appointed its India business head Pradeep Parameswaran as the Regional Manager for its Asia Pacific region operations. His appointment will come in effect from next week. The former McKinsey executive will be tasked to improve Uber’s presence in the nine nations in the Asia Pacific region where…
Ride-hailing giant Uber recently announced that it is laying off 600 employees or 25% of its workforce in India as the company struggles to get business on track during the coronavirus pandemic. The recent layoffs from its India workforce are a part of Uber’s global downsizing exercise which will affect about 6,700 employees globally. India…
Ride hailing companies have been facing severe revenue losses due to the lockdowns imposed by the central government for the containment of the coronavirus. The recent extension of the lockdown, however, brought some relief for these companies. After almost 50 days of suspension of services, companies like Ola and Uber are back in business as…
Ride-hailing giant Uber recently said that it has decided to lay off 3,000 more employees as coronavirus-led restrictions has reduced the demand for ride-hailing services. These job cuts are in addition to the 3,700 Uber had announced earlier this month. The employees were informed about the decision by Chief Executive Officer Dara Khosrowshahi in an…
Ride hailing platform Uber is reportedly planning to lay off around 500-700 employees from its India unit as the company struggles to operate in the country. Due to the coronavirus pandemic, New Delhi has imposed a nationwide lockdown since March owing to which movement of people has come to a standstill. Taxi and transportation services…
Ride-hailing giant Uber Technologies recently announced that it has decided to lay off 3,700 employees or 14% of its workforce due to the impact of the pandemic on the company’s business. According to the US SEC filing made by the company on May 2, the company is all set to execute a plan put in…
Online marketplace Flipkart recently announced a partnership with Uber to provide people across Bangalore, Mumbai, and Delhi access to everyday essentials, amidst the ongoing national lockdown. This partnership will keep vital supply chains running and will address the growing needs of Flipkart customers to receive essential goods at their doorsteps every day. It will also…
“Desperate times, call for desperate measures” When the first case of Coronavirus was reported, nobody expected it to engulf the whole world in fear, causing a recession-like situation. The pandemic has so far has claimed more than 4,000 lives worldwide and infecting 100,000 people. As we speak today, the virus has begun spreading in India…
Ride-hailing startup Uber Technologies Inc recently said that it will offer compensation to drivers and delivery people diagnosed with the coronavirus or placed in quarantine for up to 14 days. In an official statement, the company said that it has already started compensating drivers in some markets and is planning to implement the same benefits…
Ride-hailing startup Uber has recently announced that it would strengthen its fintech process in India with the formation of Uber Money. It has even set up a team of over 100 technology professionals responsible for global financial products and technology innovations, at its Hyderabad Tech center. With the announcement, the company has surprised many who…