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.
Apple lays off over 600 employees after cancelling its EV and smartwatch display projects. Check for further details here. Apple Layoffs: Apple Lays Off Over 600 Employees in US State of California After Cancelling Self-Driving EV Project.