SoftBank Group-backed Indian ride-hailing company Ola will cut 1,400 jobs, or about 35% of its workforce, as it navigates a strict coronavirus lockdown that has halted 95% of its business, company chief Bhavish Aggarwal told employees on Wednesday.

source https://www.reuters.com/article/us-india-ola-layoffs/softbank-backed-ola-follows-uber-with-job-cuts-as-revenue-sinks-idUSKBN22W17M?feedType=RSS&feedName=technologyNews