SoftBank-backed Ola to cut about 35% workforce amid COVID-19 crisis

SoftBank-backed Ola to cut about 35% workforce amid COVID-19 crisis

Reuters India

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SoftBank Group-backed Indian ride-hailing company Ola will cut 1,400 jobs, or about 35% of its workforce, as it tries to navigate the coronavirus crisis, its chief executive officer said in a note to employees.

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