Ola’s parent company ANI Technologies Pvt. Ltd has seen its staff size cut by more than half since April last year even as it struggles to hold its ground against ride-hailing rivals Uber and Rapido. The total number of salaried employees at ANI Technologies fell 57% to 376 in August from 886 in April 2024, as per the company’s data with the Employee Provident Fund Organisation. Three people aware of the developments at Ola Cabs, which was rechristened Ola Consumer last year, attributed the downsizing to t ...