Ola Electric will lay off more than 1000 employees. It is being said that this step will be taken by the company to reduce losses and control costs.
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Ola Layoffs: A big news has come out about the country’s leading EV company OLA Electric. According to Bloomberg’s news, Ola Electric is planning to lay off more than 1000 employees. According to the news, Ola Electric will lay off more than 1000 employees. It is being told that this step will be taken by the company to reduce losses and control costs. Let us tell you that the company’s loss is increasing continuously. Although the company’s revenue has increased, but the profit has also decreased, due to which the company is taking this decision.
More than 1000 people laid off
This news has come to light quoting a Bloomberg report. The company will lay off more than 1000 employees and employees related to customer relations and sales will be fired during the layoff process. Now the company is adopting the path of layoffs to reduce losses.
Second layoff in 5 months
This is the second layoff being done by the company in a span of 5 months. Earlier in the year 2024 also, the company had shown the way out to about 500 employees. This time the layoff is more than 25 percent of the total employees of the company. However, contract workers are also included in this. Here is information about the company’s portfolio.
OLA Gen 3 scooters price
S1 Pro+ (5.3kWh) – ₹1,69,999
S1 Pro+ (4kWh) – ₹1,54,999
S1 Pro (4kWh and 3kWh) – ₹1,34,999 and ₹1,14,999
S1 X – ₹79,999 (2kWh), ₹89,999 (3kWh) and ₹99,999 (4kWh)
S1 X+ (4kWh) – ₹1,07,999
Roadster X will be delivered from next month
The company recently launched the Roadster X series. The starting ex-showroom price of Roadster X is Rs 74,999. The price of Roadster X+ (4.5kWh) is Rs 1,04,999 and the price of Roadster X+ 9.1kWh (with 4680 Bharat Cell) is Rs 1,54,999. This variant claims to give a range of up to 501 km on a single charge.
