Ola group drives back on layoff plan for nearly 200 engineers, for now

The Ola group has decided to pause the layoff of nearly 200 engineers, according to sources. It was earlier planning to cut 200 jobs as part of a restructuring exercise across its engineering verticals, in a bid to centralise operations, minimise redundancy, and build a strong lateral structure that strengthens relevant roles and functions.

The decision to lay off employees had created stress and anxiety among the Ola staff, according to the sources, who also noted that the restructuring exercise would continue at the group comprising the ride-hailing platform and Ola Electric.

“Ola had done an assessment and decided that the company would lay off 10 per cent or about 200 of the 2,000 engineers,” said a person in the know.