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Tag: OLA Electric Layoff

Ola Electric To Lay Off 500 Employees Amid Losses: Report

Posted on November 22, 2024 By admin
Ola Electric To Lay Off 500 Employees Amid Losses: Report

Ola Electric reported 43% rise in net loss in July-September period from the previous quarter. New Delhi: Ola Electric, mired in controversies amid a government probe and mounting losses, is set to lay off at least 500 employees as part of a restructuring exercise. The Bhavish Aggarwal-led electric vehicle (EV) company is trying to boost…

Read More “Ola Electric To Lay Off 500 Employees Amid Losses: Report” »

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