Ola Lays Off Several Foodpanda Employees | CashKaro News Network

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Ola Lays Off Several Foodpanda Employees

Owing to its decision to shut the Foodpanda delivery service, Ola has recently laid off around 40 mid to entry-level employees. The company has also terminated the contracts of most of its 1500 food delivery executives. The report has been confirmed by the people who were aware of this change. It is also reported that the company has dissolved the entire ground staff while the core operations team has been retained. This team consists of senior and experienced employees. As stated in an earlier report, the company will be focusing on achieving higher profits from the in-house cloud kitchen brands rather than the delivery service.

Source: Livemint

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