🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Pods

Back

gray man

I'm just a normal gu... • 20h

Ola Announces Major Layoffs, Impacting Around 1,000 Employees Across Multiple Departments Indian ride-hailing giant Ola has reportedly laid off approximately 1,000 employees as part of a broader restructuring effort. The job cuts primarily affect personnel in sales, distribution, and marketing departments, signaling a significant shift in the company’s operational strategy. While Ola has not officially disclosed the reasons behind these layoffs, industry insiders speculate that the move could be driven by cost-cutting measures, automation, or a shift in business priorities. The layoffs come at a time when many tech companies, particularly in the mobility and transportation sectors, are optimizing their workforce to improve profitability amid challenging economic conditions. The affected employees are expected to receive severance packages, though details remain unclear This restructuring follows previous rounds of workforce reductions at Ola in recent years, as the company continues to refine its focus on electric vehicles (EVs) and other strategic ventures.

0 replies14 likes

Recommendations from Medial

Mahendra Lochhab

Content creator • 23h

EV major Ola Electric lays off over 1,000 employees amid mounting losses

0 replies5 likes

Anonymous

Hey I am on Medial • 6m

🚨 Dell fired 12,500 employees (10% of its workforce) as part of its shift toward AI products and services. X - IndianTechGuide

2 replies7 likes

Jayesh Titurkar

Entrepreneur • 6m

Cash-strapped Dunzo cuts workforce to 50 as it searches frantically for capital . . . BENGALURU :Reliance Retail-backed Dunzo has laid off 150 employees in a fresh round of layoffs, leaving the e-commerce delivery firm with just 50 employees in its c

1 replies4 likes

Subhodeep sarkar

Coder • 2m

Sundar Pichai, the CEO of Google, has announced that the company will be laying off 10% of its management staff. This comes amid increasing competition from other AI companies, such as ChatGPT. Pichai said that the layoffs are necessary to "streamlin

0 replies1 like

Pradeep Chaudhary

Entrepreneur || Co-f... • 1m

Microsoft is set to lay off more employees, focusing on underperformers across multiple levels, including senior positions. While the exact number remains undisclosed, key departments, like Security, will face the impact. Vacant roles are often fille

4 replies4 likes

Chamarti Sreekar

Passionate about Pos... • 1m

Microsoft announces another phase of layoffs, firing employees not meeting performance expectations all around the world.

0 replies5 likes

Anonymous

Hey I am on Medial • 8m

😑 Bengaluru-based Unacademy has reportedly laid off another 250 employees as it aims to become a profitable edtech unicorn startup, according to media reports. An Unacademy spokesperson confirmed the layoff but did not elaborate on the number of i

5 replies14 likes

Rajan Paswan

Honorary Mentions - ... • 9m

Amazon's "Pay to Quit" Program!! The Problem: Amazon wanted to ensure its workforce was composed of dedicated and motivated employees, particularly in its fulfillment centers, where job satisfaction can directly impact productivity and morale. The

23 replies22 likes

Harshajit Sarmah

Founder & Editor of ... • 6m

General Motors (GM) is laying off about 1,000 software employees worldwide to concentrate on more important projects, such as enhancing its Super Cruise driver assistance system, improving its infotainment platform, and exploring artificial intellige

2 replies10 likes

Praveena J

Stay Hungry, Stay Fo... • 9m

Ola completes workload shift to in-house Krutrim Cloud after snapping ties with Microsoft Azure. Do you think Krutrim will be better option for Ola than Azure (Cloud industry leader).

0 replies3 likes