Indian ride-hailing company Ola follows Uber with job cuts as revenue sinks

Indian ride-hailing company Ola follows Uber with job cuts as revenue sinks

Ola founder Bhavish Aggarwal. Photo: Bloomberg

SoftBank Group-backed Indian ride-hailing company Ola will cut 1,400 jobs, or about 35% of its workforce, as it navigates a strict coronavirus lockdown that has halted 95% of its business, company chief Bhavish Aggarwal told employees on Wednesday.

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