Ola Cabs CEO Hemant Bakshi quits; Restructuring to affect 10% of company's staff
Hemant Bakshi's departure comes within four months of his joining
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Published: Apr 29, 2024 6:03 PM | 1 min read
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Hemant Bakshi, who joined ride-hailing platform Ola Cabs as CEO in January 2024, has stepped down, according to media reports.
Bakshi was earlier the chairperson of Unilever Indonesia and had replaced former CEO Bhavish Aggarwal at Ola Cabs.
His departure comes within four months of his joining as plans for restructuring are reportedly underway at the firm. The exercise may affect at least 10% of its workforce, according to media reports.
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