कोशिश गोल्ड - मुक्त
Ola Electric to Cut Over 1k Jobs to Stem Losses
Mint Hyderabad
|March 04, 2025
Around 500 employees were laid off by Ola last November, as per reports
Ola Electric Mobility Ltd is laying off more than 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.
The cuts at the SoftBank Group Corp.-backed firm span multiple departments, including procurement, fulfillment, customer relations and charging infrastructure, the people said, asking not to be identified as the information is private.
It's the second round of layoffs in under five months as the Bhavish Aggarwal-led company, which just listed last August, battles crises on several fronts. It posted a 50% surge in losses for the December quarter and has been censured by India's market regulator and consumer protection authority in recent months.
यह कहानी Mint Hyderabad के March 04, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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