Layoffs in OLX group

Maximum employee got laid off across departments

18mo ago

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FluffyNugget

Why tho? What is reason mentioned?

FuzzyLlama

Olx18mo

Investors stopped investing and decided to exit the business.

ZestyCoconut

What do you mean by maximum? And, what is the source for this info? Can anyone from OLX please confirm?

FuzzyLlama

Olx18mo

Yes, most folks are laid off.

GoofyHamster

How many? Is it olx india team?

SwirlyTaco

They have operations overseas as well? :O

PeppyBanana

Does it includes analytics teams as well?

FuzzyLlama

Olx18mo

Yes

SleepyMochi

I guess I should have bought their premium plan.

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OlX Autos Layoffs

Yesterday, OLX Autos laid off people over email especially developers. Not sure of the numbers but know a guy who got laid off. Sad affairs.

Olx laying off 15% of global workforce from various offices including india. Olx currently have 10000 employee.

Hearing news of massive layoffs of about 800 employees in Tech, can someone shed a light as to what is happening internally?

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