Tag: OLA
Ola lays off 10% of its workforce across sectors
As part of a ‘restructuring’ process, ride-hailing giant Ola has begun laying off 200 employees across various divisions, including, its Ola Cabs, Ola Electric,...
Ola stalls layoffs, brings relief to anxious staff
Recently, there were media reports about Ola considering laying off about 10 per cent of the workforce, that is, about 200 engineers. At the...
Will Ola lay off employees as part of restructuring?
Ola appears to be focussing more on non-software engineering domains, with emphasis on enhancing its capabilities in the areas of engineering, as well as...
Zolve hunting for talent in India and the US
Zolve, the Indian neobank is on a hiring spree. As part of its expansion plans, the Company that provides cross-border financial services, is looking...
Ola starts laying off; 1,000 to be rendered jobless
Ola, the ride-hailing platform has shifted focus to its electric vehicles (EV) business and to the manufacture of lithium-ion (Li-ion) batteries.
The Company has started...
Ola may sack 500 to cut costs
In a bid to control costs and increase efficiency, Ola, the ride-hailing company may sack at least 400 people. This downsizing is reportedly being...
Syfe appoints Saurabh Seth as head of talent acquisition in India
Digital investment platform, Syfe has appointed Saurabh Seth as its head of talent acquisition in India. His appointment is part of Syfe’s plans to...
Rapido to hire 100 women in Bengaluru
Rapido, the bike taxi operator, is planning to employ 100 women as operators in a year’s time, in order to attract women customers. However,...
Ola, Fulcrum Digital, to provide free COVID-19 vaccination to staff
Mobility company, Ola, and IT services and business platform, Fulcrum Digital have announced their intention to sponsor the vaccination of their employees.
Ola has extended...
100% placement at XLRI, avg. salary rises to Rs 25 lakh
XLRI Xavier School of Management has successfully placed all the outgoing students of batch 2019-21. In two days’ time, all 358 candidates of the...
Hemant Kaul invests in VANS Skilling and Advisory
A financial services veteran, and former MD and CEO, Bajaj Allianz General Insurance, Hemant Kaul, has invested an undisclosed amount in VANS Skilling and...
Ola to establish e-scooter factory, create 10,000 jobs in India
Ola has signed an agreement with the Tamil Nadu government to invest Rs 2,400 crore in setting up an electric scooter factory in the...
Harjot Dhaliwal joins Citibank, as VP – talent management
Former associate director - human resources, at Ola, Harjot Dhaliwal, has joined Citibank as the VP - talent management.
In his new role, Dhaliwal will...
Ola and Uber to hire 1,000 and 225 engineers, respectively
Ola is readying to set up its second tech centre in India. This new centre, which will begin its operations in Pune, by the...
Govt plans to set up security fund for gig workers
In September 2019, the Government had sought to regulate the country’s rising gig economy by devising a social security scheme to benefit the lakhs...
Ex Ola Advisor Dr Srinivas Chunduru joins food startup Snack Amor...
Dr Srinivas Chunduru, former advisor for Ola has joined food start-up Snack Amor as a strategic advisor. Dr Srini has also invested an undisclosed...
Drivers suffer as Ola cuts losses by reducing expenses
Ola, the ride hailing company, has reduced its expenditure towards rewards and benefits for its drivers. The Company is preparing for an Initial Public...
Ola to lay off 15 to 20% of staff to improve...
Ola, the ride-hailing company, is gearing up to downsize. It plans to cut about 15 to 20 per cent of its approx. 6000 strong...
Ola to hire 150 from college campuses this year
Ride-hailing company, Ola, plans to recruit at least one third of its workforce from college campuses. It will be hiring about 150 freshers from...
How Ola is developing an entrepreneurial mindset among its employees
Nurturing talent and innovation is what every company desires to do. It is a goal that all organisations try to work towards. Ola, the...
Foodpanda terminates 1500 delivery personnel
Ola has once again reportedly failed at the food delivery business. The Company, owned by ANI Technologies, closed its food delivery business, Foodpanda. This...
Susheel Balakrishnan joins Ola as chief people officer
The position was lying vacant since Yugantar Saikia’s sudden exit from the Company post allegations of fraudulent activities.¬¬
Campus placements: TISS Mumbai 2018 batch gets a median salary of...
61 students were offered jobs by 35 companies, out of which 60 were placed in human resources.
Cab aggregators reduce drivers’ incentives by 60 per cent
Ola and Uber have begun focussing on profits and cutting costs
Amid recent high-profile exits, cab aggregator Ola appoints new VP-HR and...
Ganesh Subramanian and Harish Abichandani are the new occupants of top positions in the company.
Uber & Ola drivers: Employees, contractual or outsourced?
The drivers of these cab aggregators have complained against the arbitrary payment deductions on unsubstantiated grounds. Neither is there any indemnity scheme for the driver, in case of fraud booking, nor is there any freedom to cancel bookings.