India’s Ola will cut about 200 engineering jobs to reduce sameness across its two major businesses of ride-hailing and electric automobile manufacturing.
Ola Electric has been boosting its focus on non-software engineering properties with a clear priority on building trusting engineering and R&D capabilities across the vehicle, cell, battery, manufacturing and automation, autonomous engineering streams and others.
Ola is focused on being a “vertically integrated mobility company” and is centralising strategies to build a hierarchy to bolster relevant roles and functions.
In a fresh round of dismissals, cab aggregator and electric two-wheeler manufacturer Ola has transferred pink slips to 200 of its staff from its 2,000-strong engineering workforce. Most of these staff were working on developing different aspects of apps. The company termed the move “a restructuring exercise” to minimise monotony.
Ola plans to increase its engineering workforce to 5,000 over the next 18 months from around 2,000 currently, as part of an “influx of hiring” for roles in vehicle engineering, sourcing, product management and data science.
However, its scooter business appeared under attention earlier this year when Ola recalled more than 1,400 vehicles after one of them caught fire.
The company also suspended its schedule to go public in the first half of this year, possibly due to volatility in the market and lacklustre listings of other domestic start-ups.