The company said that the job cuts are part of its efforts to undertake a business turnaround, under which it is focusing on building on early gains realised from its recently launched delivery service Hyperservice
Ola Electric said it plans to focus on doubling down on speed and discipline by increasing automation across its front-end operations
The company undertook a similar restructuring exercise in March 2025, when it cut more than 1,000 jobs to curtail losses
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