Ola Cab laying off 200 employees across all division

Indian Transportation company Ola Cab is giving pinkslip to 0.1 employees across all division due to financial crunch and may undergo reorganization. Ola Cab laying off around 0.1% of their work force with various job titles across all department in India with business restructuring to get its business back on track.

Ola Cab found in 2010 has speciality in Transportation running by current CEO Hemant Bakshi. Ola Cabs is an Indian transportation company that provides ridesharing services and operates other business verticals such as financial services and cloud kitchens. It is headquartered in Bangalore, Karnataka and operates in 250+ Indian cities.

 



There was no official communication to us from Ola Cab but you can always refer Ola Cab internal gossips and layoff news on our Ola Cab discussion board.

As per company spokeperson to media, We are undergoing a restructuring exercise aimed at improving profitability and preparing ourselves for the next phase of growth..

Ola Cab Layoff Details in Brief

Ola Cab Layoff Details
Company Ola Cab
Location India
employee laid off 200
% Laid off 0.1
Division Across all
Date 30-April



0.1 Ola Cab employees were laid off over the phone call/email without putting them into PIP (performance improvement plan), as per various media houses. This layoffs at Ola Cab surely have a deep impact on the affected employees across all division. The main concerns about job security and employability, Ola Cab employee may find themselves struggling with uncertainty and anxiety. However, it is important to note that layoffs are often a reflection of broader market forces rather than individual performance and we layoffnewz team wishes that all laid off employee will get alternative jobs soon.

You can connect with Ola Cab Official website for more details about this layoff.

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