Ola articles
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Ola Cabs CEO quits; Elon Musk scores big win in China
Just three months after joining the ride-hailing firm, Ola Cabs CEO Hemant Bakshi has called it quits. Details on this and more in today’s ETtech Top 5.Also in the letter:■ Govt’s ONDC push on ecommerce sites■ HCLTech shares fall 6% post Q4 results■ ETtech Done DealsOla Cabs CEO Hemant Bakshi resigns; firm to lay off 200 employees 109697809Hemant Bakshi, outgoing CEO, Ola CabsOla Cabs’ chief executive Hemant Bakshi is quitting after just three months in the job, even as the ride-hailing...
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Ola Cabs CEO Hemant Bakshi resigns; company to layoff 200 employees
Ola Cabs chief executive Hemant Bakshi is leaving just three months after the ride-hailing company publicly announced his appointment, with founder Bhavish Aggarwal once again taking over the reins at the firm, people in the know told ET.The company will also undertake a restructuring that will see at least a 10% reduction in headcount, impacting about 200 employees, the people said.Bakshi joined Ola Cabs in the middle of September 2023, but the company publicly announced it only in January this...
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India's Ola removes CEO in four months, cuts 180 jobs in profitability push
India's Ola has let go its chief executive, Hemant Bakshi, just four months after appointing him to the post, and is cutting about 180 jobs. © 2024 TechCrunch. All rights reserved. For personal use only.