Careem, a provider of rental taxi service in Pakistan and worldwide, has sacked 150 of its employees.
According to company sources, in an email sent to employees by Chief Executive Officer Mudassar Shekha, it was stated that the move had been taken to fulfill the company’s major objectives.
The changes listed in the email mean that some of our colleagues will have to work differently and more in the cream and others will leave us today as there is no longer any work for them.
In December alone, more than 60 people separated from the company, most of whom were from Dubai while some were from Pakistan.
It is reported that due to financial constraints, Careem has decided to end his business in Oman and Turkey. It is estimated that Careem has 3,500 employees, of which about 1,100 work in Pakistan’s offices.
It may be recalled that Uber bought Cream in March 2019 for $ 3.41 million. It was reported a few days ago that Uber had lost $ 3.1 billion in business.
Being the largest market in Pakistan, the company has spent $ 75 million to expand and consolidate its business here, but with the arrival of new companies from China and Turkey, Uber is facing difficulties.