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Friday, Nov 22, 2024

Ola Electric may lay off 500 workers as company faces financial challenges: Report

Ola Electric's consolidated net loss was 495 crore for the second quarter of 2024-25, a 5.53% reduction compared to the same period of the year before
Ola Electric CMD Bhavish Aggarwal addresses the media during the announcement of the company's forthcoming initial public offering (IPO), in Mumbai
Ola Electric CMD Bhavish Aggarwal addresses the media during the announcement of the company's forthcoming initial public offering (IPO), in Mumbai

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News business Ola Electric may lay off 500 workers as company faces financial challenges: Report