Ola lays off 250 employees citing non-performance

Amidst a raging, all-out battle with Uber, Ola is doing some learning bit at home. After firing some 700 employees of its TaxiForSure operations, cab aggregator Ola has now sacked close to 250 people from its own workforce citing non-performance and other issues, reports The Economic Times.

"An annual attrition of 3-4 percent is a natural churn that is witnessed in the current industry scenario. This includes performance driven exits, contract roles as well as a few surfacing from constant business realignment," an Ola spokesperson said.

The spokesperson further added that these have been "well thought through" organizational decisions, keeping in mind the best interests of employees and business efficiencies.

The laying off is not expected to affect company’s hiring plans as the spokesperson said, “At the same time, we continue to hire the best of talent from across the country with over 300 open positions currently, to strengthen our 6,000-plus strong team in 102 cities, pan-India.”

The layoffs come within a month of Ola shutting down its TaxiForSure operations 18 months after it acquired the business for about $200 million. The closure of TaxiForSure had left about 700 jobless.

Ola had said it has integrated all the operations of TaxiForSure into Ola