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
DopeyCurio65
Student
5 months ago
They setup unrealistic expectations and force people to deliver those . They don't setup a healthy environment where there is good support and encouragement. Employees burn out because of these working conditions. This is not the first time this is happening. I wish they took things a bit slowly allowing everyone to thrive and deliver better .
Well, their plans are big, but I'm not sure krutrim are actually there yet.
Mistral started recently as well, and they have LLMs that are far more competitive.
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Very true statement. Unfortunately this is the reality of all Indian startups
NoisyGuy53
Stealth
5 months ago
how on earth is zoho useless man! just spewing random crap without knowing anything about businesses.
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Everyone will leave and Bhavish will handle cabs, electric amd krutrim.
He is a bs person giving lame excuses. Place is getting worse day by day. People should avoud these companies at all cost.
BearBear
Stealth
5 months ago
Source?
BleakTrumpet
Stealth
5 months ago
You’re right, 40% in terms of money and 25% in terms of people
Dinosaur89
Stealth
5 months ago
"Tough place to work" gives an impression that the employees need to be strong.
Better to call a spade a spade...
It's a shitty place to work.
I was interviewing with them way back as a manager, I thank my stars I didn't clear the last round!
Abusive culture. Only one person knows everything that's everyone knows. I know he once fired a poor IT guy as projector wasn't working.
Ola Electric is a golden goose of the group, it will give exit to all major investors, founders riding on EV-PLI subsidies.
SecretSauceOnTheTop
Stealth
5 months ago
Heard this from an insider. Ola Electric opened up their showrooms right next to Ather showrooms. They would then poach the entire sales and service team, leaving the dealer and Ather high and dry.
3 months later, the team that was poached gets laid off y Ola citing “performance “
Bhavish shoes are worth almost 1lac. Forgetting the name of the brand
Tshirt
Student
5 months ago
So you're saying shoes are better than ola S1? 🤣🤣
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Aaah he banked millions and will still be the owner of loads of stock aaaah cash money cash money.
Some tcs hr or management person has posted this article hear..just to show how tcs is better than other companies..but now all employees know the truth of tcs..most pathetic and poor company..they make huge profits in every quarter end but they have peanuts to give to employees and worse is some employees have got deduction in their salaries.very pathetic
Spoileralert
Stealth
5 months ago
Surprised he even made it to 4 months! It’s a shit hole!
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