Ola Electric to lay off 5 pc workforce amid restructuring

Bhavish Aggarwal-run electric two-wheeler company Ola Electric on Friday announced to lay off approximately 5 per cent of the workforce owing to the “ongoing structural transformation”.

In a statement, the company said it is “doubling down on speed and discipline through increased automation across its frontend



operations”.

“As part of this ongoing structural transformation, approximately 5 per cent of the workforce will be impacted,” Ola Electric said.

It further said that it remains focused on delivering a stronger customer experience and building a leaner organisation positioned for long-term, profitable growth.