In a note to the company’s employees, CEO Bhavish Aggarwal said the coronavirus pandemic hit Ola’s revenues.
Agencies
New Delhi, May 20:
Taxi aggregator Ola said on Wednesday that it will lay off 1,400 of its staff. In a note to the company’s employees, CEO Bhavish Aggarwal said the coronavirus pandemic hit Ola’s revenues. The layoffs at Bengaluru-based Ola Cabs come as the country remains in the fourth phase of a nationwide lockdown to curb the spread of the coronavirus pandemic, which has pushed the economy into a standstill and forced many businesses to trim operations.
