Tech and Teen
  • Technology
  • Teen
  • Entertainment
  • Sports
  • Politics
  • Business
  • World
  • Multimedia
  • IT HOT
  • Blog
  • Technology
  • Business
  • Sports
  • Entertainments

Tech and Teen

  • Technology
  • Teen
  • Entertainment
  • Sports
  • Politics
  • Business
  • World
  • Multimedia
  • IT HOT
  • Blog

Pathao statement for job cuts

by Tech Teen June 27, 2019June 26, 2019
written by Tech Teen June 27, 2019June 26, 2019
Pathao statement for job cuts

In response to reports of the sacking of over 300 employees, Pathao has said we have introduced changes across all major business lines, leading to significant organizational restructuring and cost optimizations.

One of the most popular ridesharing firms in Bangladesh, the media reports about Pathao cutting the jobs surfaced in the beginning of this week.

Those who lost jobs included top officials of different Pathao departments, according to the reports..

Several people related to the sector said the company had to squeeze its manpower as it failed to secure a possible foreign fund in time.

The company is also planning to prioritise ridesharing but halt some of its other services

Besides its ridesharing service for motorbike users, which gained popularity in traffic congestion-hit Dhaka, the firm provides ride-hailing service of cars, courier service and food delivery service.

In a statement sent through an agency on Wednesday afternoon, Pathao said it was entering “the next phase of evolution as the largest on-demand platform in Bangladesh” and their “new comprehensive strategy” will “strengthen the core businesses with an increased focus on efficiency”.

“Accordingly, we have introduced changes across all major business lines, leading to significant organisational restructuring and cost optimisations,” it said.

Full statement: Pathao is entering the next phase of evolution as the largest on-demand platform in Bangladesh. Our new  comprehensive strategy towards moving Bangladesh will strengthen the core businesses with an increased focus on efficiency. Accordingly, we have introduced changes across all major business lines, leading to significant organizational restructuring and cost optimizations.

Pathao is preparing for a future where our services are more accessible, customer-centric and reliant on technology. We are hopeful that this new path will help us stay ahead of changing market conditions and ensure the company’s long-term success.

Pathao
0 comment
0
FacebookTwitterGoogle +PinterestLinkedinWhatsapp
previous post
Xiaomi explode at Dhaka and Xiaomi statement
next post
Oracle Exadata Builds in Machine Learning

related posts

Teen Girl beat to death

August 1, 2018

Huawei Predicts 10 Megatrends for 2025

August 21, 2019

‘Eso He Boishakh’ gets a new cover on...

April 14, 2019

OPPO R17 Pro is coming with new features

December 7, 2018

143 Play brings Bunon App Engine in Bangladesh

August 1, 2018

OPPO A5s price in Bangladesh and best review

May 6, 2019

Content start-up JustStorys launched

June 15, 2019

Safe and hygienic footech startup kludio

April 13, 2020

Huawei working to enrich AppGallery in Bangladesh

March 7, 2020

Nexus 6 With Lolipop

August 1, 2018

Dark horse contender realme bags place in ‘Top...

January 24, 2021

B2B Session between Bangladeshi and Japanese Companies

August 1, 2018

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Recent Posts

  • ASUS announces the latest two-screen laptop- ZenBook Duo 14 (UX482)

    February 25, 2021
  • Panel discussion organized by Daraz sheds lights on E-commerce ecosystem

    February 25, 2021
  • Walton’s ‘Meet the Partners’ held in Cox’s Bazar

    February 25, 2021
  • Nagad sets daily account-opening record

    February 25, 2021

Popular Posts

  • 1

    Best hospital management system software company in Bangladesh

  • 2

    A half-thousand students to take part in Bangladesh ICT Skills Competition

  • 3

    Special arrangement of B71BD on the occasion of Valentine’s Day

  • 4

    Four startups win inaugural Microsoft Emerge X pitch competition in APAC

  • 5

    POCO M2 Pro announced with Snapdragon 720G and 33W fast charger in-box

Archives

  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018

Mobiles

  • realme makes it to top 4 smartphone brands in Bangladesh

  • powerful & swift performance smartphone vivo Y51 price?

  • POCO M2 Pro announced with Snapdragon 720G and 33W fast charger in-box

  • POCO M2 Pro announced with Snapdragon 720G and 33W fast charger in-box

  • vivo’s Swift Performance Phone Y51: Pre-booking continues

Popular Posts

  • 1

    Free fridge in every hour on Walton fridge, washing machine purchase

  • 2

    BAT Bangladesh appoints Sarzil Sarwar as the new Head of IDT

  • 3

    Bikroy’s initiative ‘Moner Janala’ for female employees

  • 4

    `SHWAPNO’ WINS THE 6th AMF `ASIA MARKETING EXCELLENCE AWARD’

  • 5

    Walton share soars on debut, close up 150 pc, compared with the cut-off price  

About Us

 

Dhaka-1000, Bangladesh

Email : contact@techandteen.com

Phone :  +88 00 5555

Popular Posts

  • 1

    POCO M2 Pro announced with Snapdragon 720G and 33W fast charger in-box

  • 2

    powerful & swift performance smartphone vivo Y51 price?

Follow us on Facebook

  • Facebook
  • Twitter
  • Google +
  • Instagram
  • Linkedin
  • Youtube
  • Technology
  • Teen
  • Business
  • Sports
  • Entertainments
  • Multimedia

@ 2018 - Tech and Teen. All Right Reserved.
Developed By: Unique Software Development Company, Amjhupi, Meherpur.