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Ola Electric AI layoffs

1 sourced AI layoff event ยท 620 reported jobs impacted

Ola Electric AI layoff details

Automation / efficiency citedreputable_reporting

Reported layoffs: 620

Industry: Technology · Geography: India

Ola Electric said it would lay off about 5% of its workforce in a restructuring aimed at improving profitability through greater automation.

India's Ola Electric said on Friday it would lay off 5% of its workforce in a restructuring effort aimed at improving profitability through greater automation.

Reuters-syndicated coverage also quoted the company saying it was increasing automation across front-end operations while building a leaner organisation.

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