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"Ola Electric Restructures Workforce: Announces 500 Job Cuts for Optimization" "Ola Electric's Workforce Optimization Follows Sister Company Ola Consumer's 10% Staff Reduction in April Restructuring Move" "Electric two-wheeler manufacturer Ola Electric is planning to reduce its workforce by approximately 500 employees across various teams as part of a strategic restructuring initiative aimed at enhancing margins and profitability prospects, according to a source familiar with the matter who spoke to a leading business publication. The company, led by Bhavish Aggarwal, has yet to provide an official statement regarding this development. This decision comes several months after Ola Electric's sister company, Ola Consumer (formerly Ola Cabs), announced a restructuring exercise in April that affected around 10% of its staff... if you want to know more click below 👇 the link

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