Automakers, parts manufacturers and dealers have laid off about 350,000 workers since April.

286 showrooms were closed across 271 cities in the 18-month period ended April this year.

Small towns are becoming the driving force behind e-commerce growth in the country as online retailers.

India’s jobless rate rose to 7.51 pc in July 2019 from 5.66 pc a year earlier, according to private data group CMIE.

As of December 31, Uber had 22,263 employees, with 1,951 employees in sales and marketing team.

The industries that might drive hiring are IT, BFSI and BPO with over 80-85 pc recruiters indicating creation of new jobs.

Vehicle sales in all segments have continued to plummet for the last several months.

The global plan includes the 4,800 job cuts announced in May and will mostly be at factories overseas with low utilisation rates.

ShopClues posted losses of Rs 2.08 billion (Rs 208 crore) for the year ended March 2018.

By 2022, 54 per cent of all employees will require significant reskilling and upskilling, said NASSCOM's Debjani Ghosh.