Ola Electric cutting 1000 jobs

Ola Electric Said to Cut Over a Thousand Jobs to Stem Losses
Ola Electric Mobility Ltd. is laying off over a thousand employees and contract workers, people familiar with the matter said, as one of India’s top scooter-makers races to pare ballooning losses.
Ola Electric lays off over 1,000 workers as losses mount: what’s ailing the EV maker?
Ola Electric has laid off more than 1,000 employees and contract workers as the company looks to curb rising losses, Bloomberg reported. The cuts impact several departments, including procurement, fulfillment,
India's Ola Electric to cut jobs; over 1,000 roles impacted, says Bloomberg News
Ola Electric , India's top electric two-wheeler maker by sales, said on Monday it is eliminating some roles due to restructuring and automation, with Bloomberg News pinning the number at over 1,000, amid the company's push for profitability.
Ola Electric Layoffs: 'Have restructured, eliminating...' - Bhavish Aggarwal's EV company on 1000 job cuts
Ola Electric, that slashed around 500 jobs last year, hinted that these were a result of restructuring and automation of certain operations. Ola Electric has eliminated its regional warehouses. Apart from this,
Ola Electric likely to lay off over a 1,000 employees to reduce losses
The job cuts will impact several departments, including procurement, fulfilment, customer relations, and charging infrastructure
Ola Electric cuts 1,200 jobs amid losses, regulatory scrutiny
Ola Electric layoffs comes just months after the company, led by Bhavish Aggarwal, made 300-400 employees redundant—less than 10% of its workforce—citing a stronger emphasis on profitability.
Ola Electric Restructures to Curb Losses Amid Stock Decline
Ola Electric Mobility is undergoing significant restructuring, cutting 1,000 jobs to manage losses and improve margins. The company's shares plummeted over 3% on stock exchanges, continuing a decline since last year.
EV major Ola Electric lays off over 1,000 employees amid mounting losses
SoftBank-backed Ola Electric has laid off over 1,000 employees as part of a restructuring move to cut costs and improve margins, even as it struggles with mounting losses and rising competition
Ola Electric to lay off 1,000 to control losses: Report
The job cuts at Ola Electric may happen at multiple departments such as procurement, fulfillment, customer relations and charging infrastructure.
Bhavish Aggarwal’s Ola Electric to fire over 1,000 people as losses mount
Ola Electric Mobility Ltd is looking to axe more than 1,000 jobs as the EV maker plans to cut down its losses, according to a report by Bloomberg. The job cuts are expected to be across multiple departments, including procurement, fulfilment, customer relations and charging infrastructure, the news report said.
Ola Electric to cut around 1,000 jobs in restructuring exercise to reduce losses
New Delhi, Mar 3 (PTI) Ola Electric Mobility is cutting around 1,000 jobs across different functions as part of a restructuring exercise to reduce losses, according to people aware of the development.
The Financial Express9h
Ola Electric to lay off over 1,000 employees to reduce losses
Ola Electric recently launched its first electric motorcycle — Roadster X — at a starting price of Rs 74,999 (ex-showroom).
Ola Electric’s sales plunge in a shrunk market. But its data says otherwise.
Ola Electric’s vehicle registrations in February fell to their lowest monthly count in nearly three years, although the ...
Ola Electric Shares Witness Another Week Of Decline, Despite Selling 25,000 Units In February
Ola Electric, one of the largest electric vehicle makers and the largest EV scooter maker, had another dull week at Dalal ...