Wework Lay Off

Cab aggregator Ola said on Wednesday that it will lay off 1,400 staff - which is about 35 per cent of its workforce - in a one-time exercise, due to the uncertainty caused by the coronavirus pandemic. COVID-19 has led to a drop of 95 per cent in Ola's revenues in two months, co-founder and CEO Bhavish Aggarwal said in a note to employees that was p...

A number of Indian startups, including restaurant aggregator Zomato and food delivery service Swiggy, have cut down their employees, as they reshape their business in response to the COVID-19 pandemic, which has forced 1.3 billion Indians indoors and crippled business.

In October last year, WeWork India's chief shareholder, Jitu Virwani, had said the company would be profitable by end of 2020.

Co-sharing workspace company WeWork Chairman Marcelo Claure shared a post of him enjoying a $100 pasta tasting dinner one day after laying off 2,400 employees.

WeWork will lay off 2,400 employees worldwide -- about a fifth of its workforce -- as it struggles to reorganise amid mounting losses, the company announced Thursday.

Embattled office sharing firm WeWork will lay off 2,400 employees worldwide -- about a fifth of its workforce -- as the it struggles to reorganize amid mounting losses, the company announced Thursday.

Cab aggregator Ola said on Wednesday that it will lay off 1,400 staff - which is about 35 per cent of its workforce - in a one-time exercise, due to the uncertainty caused by the coronavirus pandemic. COVID-19 has led to a drop of 95 per cent in Ola's revenues in two months, co-founder and CEO Bhavish Aggarwal said in a note to employees that was p...

A number of Indian startups, including restaurant aggregator Zomato and food delivery service Swiggy, have cut down their employees, as they reshape their business in response to the COVID-19 pandemic, which has forced 1.3 billion Indians indoors and crippled business.

In October last year, WeWork India's chief shareholder, Jitu Virwani, had said the company would be profitable by end of 2020.

Co-sharing workspace company WeWork Chairman Marcelo Claure shared a post of him enjoying a $100 pasta tasting dinner one day after laying off 2,400 employees.

WeWork will lay off 2,400 employees worldwide -- about a fifth of its workforce -- as it struggles to reorganise amid mounting losses, the company announced Thursday.

Embattled office sharing firm WeWork will lay off 2,400 employees worldwide -- about a fifth of its workforce -- as the it struggles to reorganize amid mounting losses, the company announced Thursday.