Ola Electric cuts 500 jobs across verticals

5 hours ago 1

ola Earlier this month, Central Consumer Protection Authority (CCPA) had ordered a elaborate probe into complaints related to alleged "deficiencies" successful services and electrical two-wheelers manufactured by Ola Electric. (OlaElectric/X)

Ola Electric Mobility is cutting 500 jobs crossed verticals and levels arsenic portion of a restructuring exercise, according to radical alert of the development.

The company, which has travel nether the scanner for its mediocre aftersales work recently, had started the occupation chopped successful the September quarter.

“It has been going connected for immoderate clip now, starting astir July. It has been a gradual process of removing redundant roles crossed verticals and levels,” said a source.

The workout is expected to beryllium completed by the extremity of this month.

Ola Electric is looking to optimise workforce with an purpose to improving margins and heighten profitability, the idiosyncratic added.

Earlier this month, Central Consumer Protection Authority (CCPA) had ordered a elaborate probe into complaints related to alleged “deficiencies” successful services and electrical two-wheelers manufactured by Ola Electric.

Last month, the institution had said that retired of 10,644 complaints received from CCPA, it has resolved 99.1 per cent of the complaints.

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