Ola sacks 250 employees citing non-performance

Bengaluru, Sep 6 (KNN) Ola a renowned app based cab service provider has fired 250 employees from its own workforce citing non-performance and other issues within a week when it had fired 700 employees of its Taxiforsure services.

In a statement, Ola said that an annual attrition of 3-4% is a natural churn that is witnessed in the current industry scenario. This includes performance driven exits, contract roles as well as a few surfacing from constant business realignment.

It further said that these have been well thought through organisational decisions, keeping in mind the best interests of employees and business efficiencies.

“At the same time, we continue to hire the best of talent from across the country with over 300 open positions currently, to strengthen our 6,000+ strong team in 102 cities, pan-India,” said Ola.

The layoffs come within a month of Ola shutting down its Taxiforsure operations 18 months after it acquired the business for about $200 million. The closure of Taxiforsure had left about 700 jobless. (KNN Bureau)