OLX to trim global headcount by 15%; auto unit worst hit
Mint Mumbai|January 31, 2023
OLX Group, the classifieds unit of South Africa's Naspers-owned internet group Prosus, will fire 15%, or about 1,500 employees, of its global workforce as part of a broader restructuring, two people aware of the development said on condition of anonymity.
Anuj Suvarna
OLX to trim global headcount by 15%; auto unit worst hit

The number of Indian employees being sacked could not be immediately ascertained. One of the persons cited above said that the auto business would be the worst hit and that positions in the engineering and operations teams in India would also face the axe.

The news was first reported by the Financial Express. Last week, news website DealStreet Asia reported that the Netherlands-headquartered group is looking to downsize its Indonesian operations and has put the auto business up for sale.

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