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Ola To Layoff Around 350 Employees As It Trims Its Staff Size By 5-8 Percent: Report
For the last decade, Indian unicorns have been growing at breakneck speed. Now some are moving in reverse. Ola is trimming its staff size by 5-8 percent, which which impact 350 jobs, ET has reported. Further, a group of employees will also be asked to move into adjacent businesses, including Ola Electric and Ola Financial Services. Ola currently has a staff of 4,500 people. “As a business, we need to exercise sharper focus on metrics...