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Uber layoffs impact India; RMG ban, a year on

Uber announced plans to cut 200-250 jobs in India, primarily in tech and operations, as part of a global restructuring effort. The move aims to streamline the company's structure and refocus resources on ride-hailing, delivery, and robotaxi services. This is the second round of job cuts for Uber India within six months, following the earlier layoff of around 80 employees. The company's CEO, Dara Khosrowshahi, explained that the restructuring is necessary to reduce layers of management and improve efficiency.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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Hanwha Ocean Wins 1.55 Trillion-Won Order From Yang Ming

Hanwha Ocean has won a large-scale order worth more than 1.5 trillion won ($1.11 billion) from Taiwan’s Yang Ming Marine Transport, underscoring its competitiveness in the eco-friendly vessel market.

  • Hanwha Ocean secured 1.55 trillion won ($1.11 billion) order from Yang Ming Marine Transport.
  • Contract signed on September 3rd for six 13,650-TEU LNG dual-fuel container ships.
  • Manufacturing begins at Hanwha Ocean's Geoje shipyard, with shipments in second half of 2029.

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