ANI Technologies, the parent company of cab fleet platform Ola Cabs and electric two wheel manufacturer Ola Electric, has laid off 200 employees from software engineering profiles across verticals, as per people aware of the development.
The development has come almost a month after Bhavish Aggarwal, founder of ANI Technologies, relaunched Ola Electric S1 scooter and announced plans to launch Ola Electric car.
People aware of the development said that ANI Technologies is centralising its operations and is undertaking exercises to ‘minimise redundancy’. The startup currently has over 2,000 engineering roles across vehicle, cell, battery, manufacturing and autonomous engineering streams. This means that the startup has slashed almost 10% of the engineering roles. For centralising the oper