SoftBank-backed Ola follows Uber with job cuts as revenue sinks
SoftBank Group-backed Indian ride-hailing company Ola will cut 1,400 jobs, or about 35% of its workforce, as it navigates a strict coronavirus lockdown that has halted 95% of its business, company chief Bhavish Aggarwal told employees on Wednesday. [Source]
Publication Date:Origin: reuters.com
Category: technologyNews
Topics: company, employees, Aggarwal, Bhavish, chief, business, halted, lockdown, coronavirus, strict, navigates, workforce, ride-hailing, Indian, Group-backed, SoftBank, sinks, revenue, follows, SoftBank-backed
