Ola Fires 200 Employees Before IPO Launch; CEO Quits In 90 Days

By

-

7 months ago

Ola Cabs, a prominent player in the ride-hailing industry, is undergoing a restructuring exercise that includes laying off approximately 10% of its workforce, translating to nearly 200 employees. The move comes as the company prepares for its planned initial public offering (IPO) and aims to enhance profitability and streamline operations. Restructuring and IPO Plans Ola […]

The post Ola Fires 200 Employees Before IPO Launch; CEO Quits In 90 Days appeared first on Trak.in - Indian Business of Tech, Mobile & Startups.

Read The Rest at :

Trak

Topics:

fires

employees

before

launch

quits

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.