#Giveaway  on last slide

Ola Lays Off 200 Employees In Restructuring Exercise

Scribbled Arrow

TRENDING GLOBALLY

-: FOLLOW US :-  @theinsaneapp

Ola was able to lay off about 200 workers from the product and technology teams in a restructuring exercise.

-: FOLLOW US :-  @theinsaneapp

Companies in the field of technology are under attack around the globe.

-: FOLLOW US :-  @theinsaneapp

The dismissed employees are employees of the Ola Cabs, Ola Electric, and Ola Financial Services verticals.

-: FOLLOW US :-  @theinsaneapp

The company is said to have offered severance plans in line with the notice periods following the layoffs that started earlier this week.

-: FOLLOW US :-  @theinsaneapp

“We regularly conduct restructuring exercises to improve efficiencies, and there are roles which are now redundant." 

-: FOLLOW US :-  @theinsaneapp

"We will continue making new hires in engineering and design including senior talent in our key priority areas,” said an Ola spokesperson.

-: FOLLOW US :-  @theinsaneapp

The news comes a few months after Ola changed its plans to eliminate 200 engineering jobs.

#GIVEAWAY BY INSANE

Do you know that we give away around $250 USd in cash prizes every week?

Let’s grow together!