Ride-hailing firm Ola to cut 10% engineering jobs

Ola will cut about 200 engineering jobs to reduce redundancy across its two main businesses of ride-hailing and electric vehicle manufacturing, the SoftBank Group-backed company said on Monday. The company said it is focused on being a "vertically integrated mobility company" and is centralizing operations to build a structure to strengthen relevant roles and functions. https://ift.tt/zZws2fB