New Delhi: Ola, which is considered to be the country's largest company, is also going to have layoffs. This company is going to lay off 10 percent of its employees. Meanwhile, Ola Company CEO Hemant Bakshi has resigned from his post. Bakshi joined Ola in January 2024. This layoff is being considered as a result of the restructuring being done by the company.

The company's workforce will be reduced by 10 percent

According to media sources, Ola company is preparing for a big layoff. Due to this at least 10 percent of the company's workforce will be reduced. It is believed that after the departure of Hemant Bakshi, many big officials of the company may be fired. Ola Company CEO Hemant Bakshi also had to leave his post in just four months. Regarding Bakshi's resignation, it is being claimed that Hemant Bakshi wanted to work with some other company instead of Ola. The CEO of the company can be appointed soon.

Ola shut down its international business

There has been a lot of activity in this company for the last few days. To bring its IPO to the market, it is discussing with many banks for investment. Along with this, the company has associated many people with itself. In which Kartik Gupta has been made the new CFO and Siddharth Shakdhar has been made the new CBO of the company. Apart from this, Ola Company has also closed its international business. While closing international business from Britain, Australia, and New Zealand, Ola Company had said that it wanted to focus all its attention on India's business. Ola Company says that it wants to provide its services to more than 100 crore Indians.