Friday February 21, 2020
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Uber Lays off 350 Staff Across Eats, Self-driving Wings

Since then its shares have hovered around its $45 IPO price. The company has also seen three board members step down, along with its Chief Operating Officer (COO) and Chief Marketing Officer (CMO), according to the CNET

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Uber
Uber app. Pixabay

Global ride hailing giant Uber, in its third round of layoffs in 10 weeks, has cut off staff from its self-driving unit and Uber Eats teams, The TechCrunch has reported.

According to an email sent to staffers, Uber CEO Dara Khosrowshahi, those hit include staff from Uber Eats, Advanced Technologies Group and recruiting, performance marketing, as well as various teams within the global rides and platform departments.

Several staffers have also been asked to relocate.

“Days like today are tough for us all, and the ELT and I will do everything we can to make certain that we won’t need or have another day like this ahead of us,” Khosrowshahi wrote in the email, according to the report.

Uber, bengaluru
Photo shows an exterior view of the headquarters of Uber in San Francisco. (VOA)

In its last round of layoffs, the firm sacked 400 staffers from its 1,200-member marketing team globally to cut costs and streamline operations.

The ride-hailing giant has had a rocky start after it became a publicly traded company. When it issued its initial public offering in May, its stock fell by nearly 8 per cent.

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Since then its shares have hovered around its $45 IPO price. The company has also seen three board members step down, along with its Chief Operating Officer (COO) and Chief Marketing Officer (CMO), according to the CNET. (IANS)

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Over 90,000 Drivers Benefit From Uber’s Driver Welfare Programme

According to Uber, till date, micro-loans worth Rs 35.6 crore have been facilitated for thousands of drivers

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Uber
As part of socio-economic initiatives, the programme by Uber also considers education, basic needs, creating opportunities for making money and the social system, among others. Wikimedia Commons

Global ride hailing giant Uber on Thursday announced over 90,000 drivers have benefitted from its driver welfare programme — Uber Care — in one year.

Launched in 2018, Uber Care provides easy access to life insurance, family health insurance, micro-loan, etc to drivers. The top five cities where the maximum number of drivers were impacted are Delhi, Bangaluru, Mumbai, Hyderabad and Pune.

“At Uber, we believe our role doesn’t end at creating opportunities by providing a platform to drivers. We have created a community of millions of drivers, and we continue to engage with them with a view to providing them with more to enrich their lives,” Pavan Vaish, Head of Central Operations, Uber India SA, said in a statement.

As part of socio-economic initiatives, the programme also considers education, basic needs, creating opportunities for making money and the social system, among others.

Health initiatives include medical check ups, and treatments of drivers and their families.

“Through our driver welfare arm, Uber Care, we have been successful in supporting and empowering thousands of drivers with improved access to life and health insurance, financial support, children’s education, and medical consultations.

“As we move ahead, we envision further strengthening access and impact of Uber Care, thereby enhancing drivers’ overall well being on and off the road,” he added.

Uber
Global ride hailing giant Uber on Thursday announced over 90,000 drivers have benefitted from its driver welfare programme — Uber Care — in one year. Wikimedia Commons

According to Uber, till date, micro-loans worth Rs 35.6 crore have been facilitated for thousands of drivers.

As part of Uber Kifayat, 34,000 car servicing packages have been facilitated, thus, resulting in overall savings worth Rs 95 lakh.

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The ride hailing major has also partnered with NGOs and experts to make the right to education more accessible to drivers’ children. (IANS)