
Ola Electric shares crash 5% to 52-week low amid reports of over 1,000 job cuts by company
Shares of two-wheeler electric vehicle (EV) manufacturer Ola Electric crashed 5% to a fresh 52-week low on Monday, March 3, amid reports that Bhavish Aggarwal-led company is looking to lay off over a thousand employees and contract workers to contain losses. According to a Bloomberg report today, the cuts at the SoftBank Group-backed firm span...
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