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, customer relations, and charging infrastructure.This marks the second major round of layoffs in less than five months, following a…
March 3, 2025