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HomeStartup LayoffsNovember 2024 › Ola Electric

Ola Electric lays off 500 employees — November 22, 2024

Ola Electric, a transportation company based in India, laid off 500 employees on November 22, 2024. At the time, the company was at the Post-IPO stage. The layoff was reported by this source.

Company
Ola Electric
Employees laid off
500
Date
November 22, 2024
Industry
Transportation
Country
India
Company stage
Post-IPO
Total raised (pre-layoff)
$1700M

Source: https://www.techinasia.com/news/indias-ola-electric-cuts-500-employees-boost-profits

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More Ola Electric layoffs

CompanyLaid offDateIndustryCountry
Ola Electric 1,000 March 3, 2025 Transportation India

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