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Ola Electric Lays Off Over 1,000 Employees Amid Struggling Profits and Rising Competition

Ola Electric Lays Off Over 1,000 Employees Amid Struggling Profits and Rising Competition

Ola Electric, one of the leading electric scooter manufacturers in India has laid off over 1000 employees in the restructuring process to reduce rising costs and losses. So far, layoffs across the different departments have

Ola Electric Cuts Jobs Amid Declining Market Share and Operational Challenges

Ola Electric Cuts Jobs Amid Declining Market Share and Operational Challenges

Dealing with declining market share, increasing consumer unhappiness, and poor stock performance, one of the most well-known electric vehicle (EV) companies in India, Ola Electric, has launched a significant personnel cut. Those familiar with the