Company Struggles With Losses

Shock Layoffs At Ola Electric: 500 Employees Cut As Company Struggles With Losses

Ola Electric, the Bhavish Aggarwal-led electric vehicle (EV) company, is planning to lay off at least 500 employees as part of a major restructuring initiative aimed at improving operational efficiency. This move comes in the wake of a series of challenges, including mounting financial losses, a government investigation, and intense...