Country’s Ride Hailing Company OLA will Start Laying Off Employees Soon, Know Full details
Ola Layoff : Many companies in the country and the world are engage in getting a large number of people out of jobs. It is known that after Twitter, Meta, Amazon, now some Indian companies have also start laying off employees. The country’s ride hailing company OLA has start laying off its employee. Know how many people are being Show the way out of the company.
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Ola Layoff : 200 Employees will Fire
According to media reports, the company has started laying off 200 employees from Ola Cabs, Ola Electric and Ola Financial Services Vertical. This announcement of retrenchment is make in September last year. Ola company says that it is bringing its operations to one place, due to which the company is restructuring to reduce unnecessary expenses and build a strong structure.
Know What Cab Company Said
Ola company says that there are about 2000 engineers in Ola and it is going to increase the engineering talent pool to 5,000 in the next 18 months. Head by Bhavish Aggarwal, chief executive officer of Ola Cabs, the company’s core ride-hailing business has around 1,100 employees. Earlier, in a restructuring exercise, employees across the company’s Product, Marketing, Sales, Supply, Tech, Business and Operations verticals were affect. Affecting around 500 employees.
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Ola Layoff : Engineers will Recruited Soon
Ola, recently shut down its old vehicle business Ola Car as well as its quick commerce business, Ola Dash. The company wants to focus more on its electric two wheeler and car vertical, for which these businesses have close. Ola plans to hire 5,000 new engineers as it plans to double down on new engineering verticals.
