Hemant Bakshi, the CEO of Ola Cabs, the ride-hailing arm of ANI Technologies, has quit barely four months into the job even as the firm plans to undertake a restructuring exercise that will affect ...
Ola Cabs laid off the employees in line with its IPO plans. The restructuring exercise impacted employees across departments, Inc42 has learnt Earlier this month, it was reported that the Bhavish ...
As part of the restructuring exercise, the company had earlier announced that it would be letting go of at least 10% of the workforce to “streamline operations” and “enhance efficiency”.
Cab-aggregator Ola, which acquired Taxi For Sure last year, has shut down the TFS business while also laying off 700 employees. It was last year that Ola had acquired its Bengaluru-based rival ...
Gupta's exit comes two weeks after the company's CEO Hemant Bakshi quit.According to the company, Gupta's departure is part of an "ongoing restructuring" process. "As part of an ongoing restructuring, ...
Ola has laid off around 200 employees from its tech and product teams as part of a restructuring exercise, with engineering roles being impacted the most, sources told Inc42. The laid off ...
Homegrown cab aggregator Ola is in the process of laying off some of its employees to cut down losses. The layoffs are across levels and include senior managers as well as mid-level employees.
Top news of the day: On 29 April, a series of events are set to take place right from politics to business. Ola Cabs CEO Hemant Bakshi has reportedly resigned from his position just after four ...
Karthik Gupta, the Chief Financial Officer (CFO) of ANI Technologies, the parent company of Ola Cabs, has stepped down, people aware of the developments told Moneycontrol. Gupta's departure comes ...
Ola has fired 1400 people as a cost cutting measure during the coronavirus pandemic. In an email to employees, OLA CEO Bhavish Aggarwal said that the pandemic has hit Ola’s revenues. Aggarwal ...
The company has started informing users about the upcoming closure, with operations in Australia set to cease from April 12. Or will its 'cab-hailing equity' bog it down? As Ola diversifies, we ...