U.S.-based Cubic Transportation Systems has yet to release a total for the number of employees it plans to lay off, but Mobility Payments is hearing it could be 15% or more across certain job categories, such as engineers, architects and project managers outside of India. Cubic emphatically denies this estimate.
When asked to quantify the job cuts and how they compare to Cubic’s global workforce, a spokesman for the vendor would only confirm to Mobility Payments that “2% of employees are being laid off.”