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Didi weighs 3,000 job cuts as safety costs mount

Ride-hailer's earnings and passenger count take hit after murders last year

Following the killings of two passengers, Didi Chuxing added a panic button to its app and began recording shared rides.    © Reuters

CHONGQING -- China's biggest ride-hailing startup Didi Chuxing is looking to eliminate roughly 3,000 jobs, according to Chinese media, in an apparent attempt to offset the damages from the murders of two passengers last year.

The reported scale of the layoffs would be equivalent to roughly a quarter of Didi's workforce of 13,000. It appears the ax will fall mostly on the new-services development division, as well as the ride-share segment.

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