Ola makes U-turn on layoff plans

Mumbai, 23/9: Ola has decided against laying off its engineers for now. Senior officials at the ride-sharing and mobility company apologised to their respective team members for the anxiety caused due to the sudden layoff plans and said there would be “no cuts”, two sources familiar with the matter told DH on condition of anonymityThe managers reassured their teammates that they would instead find ways to reskill them so that they could meet Ola’s changing requirements, one of the sources said.

 

“The Big Boss (Ola founder Bhavish Aggarwal) asked the managers to apologise and calm the nerves of their teams,” one of the two sources quoted above said.

 

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