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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 companyโs 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.
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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
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๐จAmazonโs Workforce Shift: Efficiency vs. Humanity?๐จ Amazon plans to cut 14,000 managerial roles by early 2025 (13% of its global management workforce), reducing headcount from 105,770 to 91,936. This restructuring aims to save $2.1Bโ$3.6B annua
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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
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๐ 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
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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
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