1. Startups

OLX Indonesia Confirms Employee Downsizing

Part of the global restructuring, one of the focuses is the centralization of product and technology development

OLX Indonesia to DailySocial confirmed that they were downsizing. Not mentioning the exact amount, OLX Indonesia claims the affected ones layoffs does not reach 10% of the total employees. One of the focuses of this reorganization is alignment between OLX Indonesia's product and technology team and the global team.

According to the information we have received, in the future the development of OLX products will be centralized. A number of OLX Indonesia's technology and product team members are said to have joined the global team.

OLX Indonesia CEO Olaf van Schagen said, "[This reorganization decision] is in line with the direction given by [management] Global. OLX Indonesia's growth will center on product development that focuses on user satisfaction."

2017 has been an interesting year for OLX Indonesia. At the beginning of the year they made a "break" with launch a new model app implemented for the Android platform. Five months ago, former OLX Indonesia CEO Daniel Tumiwa resign.

In business terms, the classified ads segment also continues to face competition from C2C ​​marketplace services which also accommodate the sale of goods. second-hand.

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