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World – Classified website operator OLX Group to lay off 1,500 employees (Financial Express)

31 January 2023

OLX Group, an operator of classified ads websites, including for jobs, is laying off at least 1,500 employees, according to a report in the Financial Express. Naspers/Prosus (OLX Group) is based in South Africa and posted job-related revenue of USD 799 million in 2021, according to research by Staffing Industry Analysts. It’s the fourth-largest online job advertising firm in the world based on the revenue. OLX’s brands include OLX and StackOverflow.