OLX fired 50 employees in Argentina, but CEO says: "We are not leaving the country"

The portal of

e-commerce

OLX today laid off 50 employees in the sales and finance sectors. Despite the red numbers of the

The consumption

in Argentina, according to private estimates, the fall of 2018 could reach 1.5% – the CEO of the company said that the decision "had nothing to do with the country's situation" and confirmed the Continuity of operations: "We do not leave Argentina."

In the field of finance, the company co-founded by Alec Oxenford, president and president of ArteBA, decided to decentralize a part of the activities of its offices in Peru, Colombia and Ecuador, explained the CEO of the company, Agustín Garicoche, during a dialogue
THE NATION.

Regarding sales, the manager said the company had decided to fire a sales team by telephone composed of "stars" on the platform. It was a group of people dedicated to providing a more attractive space in the
e-commerce to some companies that advertise their products, such as real estate agencies or used car dealers. Now everything will be self-managed in a
online.

There were 49 redundancies in Buenos Aires offices and a layoff in Córdoba, with a total workforce of 270, Garicoche said. "We are still looking at how we value our users, phone sales have not worked, but the decision to decentralize the collections was effective," he said. added.

He described 2018 as a year "included in the plan" for OLX. Last year, the platform acquired the
market Properati and launched in Colombia, Peru and Ecuador.

Consulted on
timing of the decision, he noted that this had happened despite the economic situation. "Clbadified ads have the particularity of being countercyclical, because in times like this, people are looking for opportunities in clbadifieds, it has nothing to do with the country's situation," he said. he concluded.