Why Ola Cabs CFO Karthik Gupta steps down?
seven months after taking charge !!
MightyLazyGeekStar
Stealth
4 months ago
Ola has a terrible attrition at management levels. Smart folks know why.
Vance
Stealth
4 months ago
Ola losing marketshare in express mode. Heard their FY24 numbers show major de-growth which will shock everyone.
Qwerty2398
Stealth
4 months ago
At senior level people promise heavens and stars to justify/get their inflated pay. Even if they don't exceed or even meet those promised levels they can continue at the level. But any negative growth is seen very seriously. Remember those meeting where our manager would say "we need results not reasons".. this is that at higher levels
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by Foobar1
Stealth
OLA is a tough place to work
CEO goes out in 4 months. 10% layoffs.
The restructuring comes just a few weeks after Ola Cabs initiated preliminary discussions with investment banks for an IPO.
https://www.moneycontrol.com/news/technology/ola-cabs-ceo-hemant-bakshi-quits-firm-to-lay-off-10-staff-12710637.html/amp