Bloomberg’s Report According to, this is the second time in the last five months when the company has trimmed largely. Earlier in November 2023, 500 employees also had jobs. Recently, Ola’s financial condition worsened in the December quarter, when the company’s losses increased by 50%. In addition, Ola has also received warnings from the Indian market regulator and consumer protection authority.
The report states that the company spokesperson said in its statement, “We have automatically automatically done our front-end operations, which improved the margin, reduced the cost and improves customer experience. Many roles in this process have now become non-essential.” However, he did not make it clear how many employees have been evacuated.
The sale of Ola Electric was also less than expected. In February 2025, the company sold more than 25,000 scooters, but it is much lower than a target of 50,000 units, which was described by the founder Bhavish Aggarwal as essential for Ebitda Breakven. Ola has also lost its market leadership due to rising competition and poor feedback on social media.
Experts believe that Ola Electric has a dual challenge, on the one hand it has to maintain investors’s confidence, on the other hand to strengthen its brand image among customers. The company may need to change its strategy for long-term growth.
