[ad_1]
Synopsis
After an exhilarating start, the cab-hailing unicorn is scaling down Ola Dash dark stores and has put on hold its expansion plans. According to sources, the restructuring is in line with Ola’s plan to keep human resource costs under control. Poor customer feedback could also be a reason for it to press the pause button on instant delivery.
Within four months of its much-hyped launch, Ola is massively restructuring its quick-commerce business. According to three people with direct knowledge of the matter, the cab aggregator has in the past few weeks fired around 2,100 contract workers brought on board to man Ola Dash’s dark stores. While the fate of its 200 dark stores is uncertain, sources said Ola has scaled down half of them and may shut down a few. Ola has put on hold its
BY
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
-
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
-
Clean experience with
Minimal Ads -
Comment & Engage with ET Prime community -
Exclusive invites to Virtual Events with Industry Leaders -
A trusted team of Journalists & Analysts who can best filter signal from noise
[ad_2]
Source link
