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

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. [Source]

Publication Date:

Origin: reuters.com

Category: technologyNews

Topics: crisis, workforce, employees, officer, executive, chief, coronavirus, navigate, tries, company, ride-hailing, Indian, Group-backed, SoftBank, COVID-19, SoftBank-backed

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/tROCRzX9FlQ/softbank-backed-ola-to-cut-about-35-workforce-amid-covid-19-crisis-idUSKBN22W17M