Firing 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...

Facing a prolonged funding drought, startups are trying a new approach to cost-cutting. Layoffs continue, but some companies, like Swiggy a...

In a boost for India’s Semiconductor Mission, California-based Advanced Micro Devices (AMD) will invest $400 million in India, its chief te...

With investors tightening their purse strings because of the volatility in the global economy, many unicorns and startups such as Byju’s, S...

The latest developments at ShareChat, Dunzo and Rebel are an extension of what has transpired in the so-called new economy over the last si...

In September, the company rescinded the retrenchment of about 200 engineers. One of the sources told ET that the current layoffs are the sa...

Riding haling and electric vehicle firm Ola has had a torrid time since the start of the pandemic three years ago. The company laid off as ...

Ride-hailing company Ola has decided to not lay off the 200 engineers the company was earlier planning to let go, according to sources in t...

Employees were informed about the change in plan at a town hall meeting helmed by senior technology leaders at the company.

The company had laid off around 1,000 employees already this year as the company repurposed its focus to the ride-hailing and EV business.

Oyo Hotels & Homes, which filed for an initial public offering in October 2021 but put it off earlier this year because of the pandemic and...

Ola is expected to release blueprint on August 15.

The entire restructuring exercise – which is expected to be on for a few weeks more - is to focus more on its electric mobility business, w...

Ola Electric Mobility (OEM) recently onboarded Vithal Acharya as its new human resources head and plans to hire at least half a dozen more ...

Valued at around $6 billion, Ola plans to go public in around two to three years and being profitable before filing for an IPO is a desirab...

Ola, an app-based cab service provider gave pink slip to 700 employees pan-India in August this year.

Layoffs are becoming pretty common these days as there were recent reports of job loss in Flipkart, Askme, Ola and Infosys, among others.