Indian ride-hailing major Ola to slash 1,000 jobs as it sharpens EV focus

Indian ride-hailing major Ola to slash 1,000 jobs as it sharpens EV focus

Photo: Ola website

SoftBank-backed ride-hailing major Ola is set to slash about 1,000 jobs as it looks to ramp up hiring for its electric mobility business, Ola Electric, The Economic Times reported on Friday.

While the company had initially planned to lay off about 400-500 employees, the final figure could go up to 1,000.

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