Ola Lays off 1,400 People, Co-founder Bhavish Aggarwal Explains the Move in a Letter to Survive COVID | In the News

After Zomato, Swiggy, Uber, WeWork, Cure.fit etc. Ola on Wednesday announced laying offs employees to survive Covid-19 impact.

“Shared mobility services like cabs may get pushed out for six-nine months post-Covid as consumers will be hesitant to book rides. The number of trips may get curtailed. So there will be a challenge for these firms. However, the value proposition of shared mobility is very strong and it will continue as a seminal trend,” Yugal Joshi, Vice President at Texas-based consultancy Everest Group had told Financial Express Online.

Read more in Financial Express

How can we engage?

Please let us know how we can help you on your journey.

Contact Us

"*" indicates required fields

Please review our Privacy Notice and check the box below to consent to the use of Personal Data that you provide.