A job cut drive is underway at Ola Electric

Amid a market share decline, customer complaints, and stock price erosion, Ola Electric is now reducing its workforce. The job cuts span various departments, but the hardest-hit areas have been manufacturing and supply-chain management, according to sources. According to multiple people aware of the ongoing downsizing drive within Ola Electric, the company has cut 300-400 jobs over the past few months or under 10% of the workforce. “There is an