SoftBank-backed Ola to cut about 35% workforce amid COVID-19 crisis

SoftBank-backed Ola to cut about 35% workforce amid COVID-19 crisis

4 years ago
Anonymous $-9GJQVHNr8

https://www.reuters.com/article/us-india-ola-layoffs/softbank-backed-ola-to-cut-about-35-workforce-amid-covid-19-crisis-idUSKBN22W17M

SoftBank Group-backed Indian ride-hailing company Ola will cut 1,400 jobs, or about 35% of its workforce, as it tries to navigate the coronavirus crisis, its chief executive officer said in a note to employees.