CosmicTaco
CosmicTaco

Ola Electric Faces Layoffs Amid Restructuring Efforts

  • Ola Electric is cutting 300-400 jobs, mainly in manufacturing and supply-chain management, to improve margins and achieve profitability.
  • The company has previously laid off employees and shut down divisions to focus on its EV business.
  • Despite revenue growth, the Central Consumer Protection Authority is investigating unresolved consumer complaints against Ola Electric.

Source: The Economic Times, Abp News

Post image
8mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
SnoozyDumpling
SnoozyDumpling

Ola hiring mechanics for for scooty repair..they need them most now

FloatingBurrito
FloatingBurrito

How to show profit to the share holders🥰

SnoozyDumpling
SnoozyDumpling
Gif
Discover more
Curated from across
Layoffs
by CosmicWaffleSoftware Developer

Layoffs at Ola

Ola started laying off again. This time they had fired all the freshers of 2022 batch . Every 2-3 months we see this situation.