Ola Electric to Cut 500 Jobs Amid Rising Losses, Restructuring Plans: Report

Zee Business Video Team | Updated: November 22, 2024 05:12 PM IST

The electric two-wheeler company also saw its revenue slump 26.1 per cent to Rs 1,214 crore (on-quarter) from Rs 1,644 crore in the first quarter of this fiscal. The net loss, however, narrowed on a year-on-year basis.

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