Ola to lay off 1,000 employees as focus shifts to EV business: Report
Shortpedia
Content Team
Image Credit: Twitter
Ride-hailing platform Ola has started the process of dismissing around 1,000 employees across multiple verticals; at the same time, it has intensified hiring for its electric vehicles (EVs) business. Media reports from earlier this month suggested that Ola may lay off around 400-500 people. However, an ET report citing company insiders and recruitment agencies stated that the number will be closer to 1,000.
