<p>New Delhi: Ride-hailing company <a href="https://www.deccanherald.com/tags/ola">Ola</a> Mobility CEO Hemant Bakshi has resigned from the company within four months of joining it, according to sources privy to the development.</p>.<p>Sources also said that the company is planning to lay off 10-15 per cent employees.</p>.<p>"Hemant Bakshi has resigned from the company with immediate effect. Ola Cabs division might lay off 10-15 per cent employees," a source said.</p>.<p>Bakshi had joined the company in January 2024.</p>.<p>Another source said the company had around 900 people in the Ola Cabs division in January and the lay-off might impact 90-140 people.</p>.<p>When contacted, Ola declined to offer any comment on the information.</p>.Ola to shutdown operations in UK, Australia, New Zealand; to focus on business in India.<p>Ola Mobility, the ride-hailing division, had reported a narrowing of loss to Rs 1,082.56 crore in financial year 2023. It had a loss of Rs 3,082.42 crore in fiscal year 2021-22.</p>.<p>The total accumulated loss of ANI Technologies, Ola Mobility's parent firm, at the group level increased to Rs 20,223.45 crore, and on a standalone basis, it stood at Rs 19,649.27 crore as of March 31, 2023.</p>.<p>The company has received a total funding of about Rs 31,441 crore as of January 2024.</p>
<p>New Delhi: Ride-hailing company <a href="https://www.deccanherald.com/tags/ola">Ola</a> Mobility CEO Hemant Bakshi has resigned from the company within four months of joining it, according to sources privy to the development.</p>.<p>Sources also said that the company is planning to lay off 10-15 per cent employees.</p>.<p>"Hemant Bakshi has resigned from the company with immediate effect. Ola Cabs division might lay off 10-15 per cent employees," a source said.</p>.<p>Bakshi had joined the company in January 2024.</p>.<p>Another source said the company had around 900 people in the Ola Cabs division in January and the lay-off might impact 90-140 people.</p>.<p>When contacted, Ola declined to offer any comment on the information.</p>.Ola to shutdown operations in UK, Australia, New Zealand; to focus on business in India.<p>Ola Mobility, the ride-hailing division, had reported a narrowing of loss to Rs 1,082.56 crore in financial year 2023. It had a loss of Rs 3,082.42 crore in fiscal year 2021-22.</p>.<p>The total accumulated loss of ANI Technologies, Ola Mobility's parent firm, at the group level increased to Rs 20,223.45 crore, and on a standalone basis, it stood at Rs 19,649.27 crore as of March 31, 2023.</p>.<p>The company has received a total funding of about Rs 31,441 crore as of January 2024.</p>