Karachi, May 05, 2020: The management of Careem has announced to fire 536 employees due to suspension of its services in different countries including Pakistan.
The co-founder and CEO Careem Mudassir Sheikha made this sad announcement in an official letter to the staff members.
According to him, 536 of our colleagues who make up 31% of Careem will leave us. We delayed this decision as long as possible so that we could exhaust all other means to secure Careem.
The crisis brought on by COVID-19 has put our dream and future impact at significant risk. Our business is down by more than 80% and the recovery timeline is alarmingly unknown. Our parent company Uber, believes in our Super App vision and is committed to the region, but like others in the industry, is also impacted by the crisis, the letter reads.
He further announced to suspend the Careem Bus service which is not feasible to operate considering the requirement of huge investment.
We must carry the mission forward. Our region is under extreme pressure through this crisis and needs us now, more than any other time. I feel the only sure and sustainable solution for our region is to realize the full potential of its people, he added.
