{"id":510414,"date":"2022-07-30T10:25:39","date_gmt":"2022-07-30T04:55:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=510414"},"modified":"2022-07-30T12:03:10","modified_gmt":"2022-07-30T06:33:10","slug":"ola-may-lay-off-1000-employees-to-ramp-up-ev-plans","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ola-may-lay-off-1000-employees-to-ramp-up-ev-plans\/","title":{"rendered":"Ola may lay off 1,000 employees to ramp up EV plans"},"content":{"rendered":"<p>As Bhavish Aggarwal-led Ola aims to ramp up its electric vehicle (EV) business, media reports have claimed that the ride-hailing platform is laying off around 1,000 employees from across verticals. <\/p>\n<p>According to reports citing employee records, verticals like mobility, hyperlocal, fintech, and Ola&#8217;s used car operations have included in the layoff process.<\/p>\n<p>However, according to sources close to the company, these layoffs may impact less than 500 employees and not 1,000, and &#8220;are a result of restructuring in the Cars and Dash businesses&#8221;. <\/p>\n<p>The company currently has nearly 1,100 employees in its core ride-hailing business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As Bhavish Aggarwal-led Ola aims to ramp up its electric vehicle (EV) business, media reports have claimed that the ride-hailing platform is laying off around 1,000 employees from across verticals. According to reports citing employee records, verticals like mobility, hyperlocal, fintech, and Ola&#8217;s used car operations have included in the layoff process. However, according to sources close to the company, these layoffs may impact less than 500 employees and not 1,000, and &#8220;are a result of restructuring in the Cars and Dash businesses&#8221;. The company currently has nearly 1,100 employees in its core ride-hailing business.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-510414","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/510414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=510414"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/510414\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=510414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=510414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=510414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}