Ola Is Looking To Fire Around 500 Employees To Cut Costs: Report
The layoffs in Indian startups aren’t limited only to the ed-tech space — other verticals are being impacted too. Ola is looking to…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Govt Issues Notices To Ola, Okinawa, Asks Why Penal Action Shouldn’t Be Taken For Selling Faulty EVs
The growing numbers of “thermal incidents” with electric vehicles has now caught the attention of the Indian government, and it’s looking to take…
These Were The Top-Selling Electric Scooters In India In June 2022
In spite of thermal incidents and controveries, electric two-wheeler sales in India continue to motor along. India’s two-wheeler EV sales rose nearly 10%…
75% Of Indian IT Employees Not Attending Office Even Once A Week In Spite Of End Of WFH Regime: Report
Indian IT employees have got a taste of the work-from-home life, and they’re reluctant to go back. Three in four Indian IT employees…
Indian Startup Organizes Africa’s Largest Ever Drone Show For Djibouti’s Independence Day
Over the last decade, Indian startups have been criticized for either being copycat apps from the west, or apps that try to find…
Lenskart Acquires Majority Stake In Japanese Eyewear Brand Owndays
Indian startups aren’t only creating massive brands in India, but they’re confidently striding into developed markets to grow their businesses. Lenskart has picked…
Byju’s Fires 2,500 Employees Across Toppr, WhiteHat Jr And Its Core Business: Report
The ed-tech winter had already affected several unicorn startups — both Vedantu and Unacademy have fired hundreds of employees in recent weeks —…
Mukesh Ambani Resigns As Reliance Jio Director, Son Akash Ambani Appointed Chairman
The baton at India’s most valuable company is passing down to the third generation. Mukesh Ambani has resigned as Director of Reliance Jio….
Unacademy’s Loss Rises 6x To Rs. 1,474 Crore, Vedantu’s Loss Rises 4x To Rs. 604 Crore
India’s top ed-tech companies had been firing employees en masse in recent months, and the reasons for the alacrity in cutting costs is…