Ola's full stack AI plans shrink on A-level exits, funding woesKrutrim, Ola founder Bhavish Aggarwal's ambitious AI venture, has seen a significant leadership exodus and workforce reduction. Key AI and ...
06 May, 2026, 06.00 AM IST
Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
30 Apr, 2026, 07.56 AM IST
Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
16 Apr, 2026, 07.38 AM IST
Oracle layoffs hit India hard; Qcomm apps print ad moneyIndia bore the brunt of Oracle’s latest global layoffs amid rising automation. This and more in today’s ETtech Top 5.
02 Apr, 2026, 07.56 PM IST
H-1B selection rate rises; VC IPO windfall in 2025There is a notable rise in H-1B selection rates, even as the number of petitions decreases. This and more in today’s ETtech Top 5.
01 Apr, 2026, 08.45 PM IST
Ola Electric says 5% of workforce to be trimmedThis is part of the electric two-wheeler maker’s push ahead with a business turnaround plan aimed at improving service delivery and increas...
30 Jan, 2026, 09.59 PM IST
Bhavish Aggarwal does a Musk, seeks weekly accomplishment reports from Ola employeesOla Electric Mobility has been restructuring its workforce amid financial pressures. Over the past two months, the company has laid off aro...
04 Mar, 2025, 02.38 PM IST
Ola Electric said to cut over a thousand jobs to stem lossesOla Electric Mobility Ltd. is laying off over a thousand employees and automating operations to reduce costs amid rising losses and market ...
03 Mar, 2025, 03.47 PM IST
Ola Electric stock declines over 5%, hits 52-week lowShares of Ola Electric Mobility on Monday declined more than 5 per cent in the mid session trade amid reports that the company is laying of...
03 Mar, 2025, 01.20 PM IST
Layoffs in 2024: These startups grappled with workforce cutsThe year witnessed notable layoffs, with numbers ranging from a few hundred to a few thousand, at companies like Ola Electric, Paytm parent...
31 Dec, 2024, 07.21 AM IST
Startups’ pink slip count falls to 10,000 amid funding bluesFiring in first half of 2024 lesser than H2, H1 of ’23, signalling a slight recovery. Ola Electric is in the final stages of laying off ove...
16 Jun, 2024, 06.00 AM IST
Ola fires about 200 employees in a fresh round of layoffsIn September, the company rescinded the retrenchment of about 200 engineers. One of the sources told ET that the current layoffs are the sa...
13 Jan, 2023, 08.42 PM IST
Ola rescinds move to fire 200 engineersEmployees were informed about the change in plan at a town hall meeting helmed by senior technology leaders at the company.
23 Sep, 2022, 07.54 PM IST
Ola fires 200 more engineers in fresh round of layoffsThe company had laid off around 1,000 employees already this year as the company repurposed its focus to the ride-hailing and EV business.
19 Sep, 2022, 09.57 PM IST
Ola starts handing pink slips, defers appraisalThe SoftBank-backed firm has started laying off employees across functions, said people in the know, but did not share the number of job cu...
26 Jul, 2022, 07.51 PM IST
Ola to lay off 1,400 staff as COVID-19 pandemic hits revenuesIn an email to employees, Aggarwal made it clear that the prognosis ahead for the business is "very unclear and uncertain" and the impact o...
20 May, 2020, 10.28 PM IST
Job cuts on the rise in 2016: Companies that gave the pink slips this yearOla, an app-based cab service provider gave pink slip to 700 employees pan-India in August this year.
17 Oct, 2016, 08.34 PM IST