Breaking news: Ola Cabs CEO Hemant Bakshi has reportedly resigned, hardly four months after taking up the post. Multiple media reports also state that Ola is likely to lay off over 10 per cent of its employees as a part of company restructuring.
Ola Cabs CEO Hemant Bakshi has reportedly resigned from his post. Moreover, Ola Cabs is to undertake a restructuring exercise as part of which 10% of its total staff will be laid off. Ola Layoffs: Ola Cabs CEO Hemant Bakshi Resigns, Ride-Hailing Company Plans 10% Job Cuts.