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Ola could lay off 1,000 employees to ramp up EV plans As Bhavish Aggarwal-led Ola aims to ramp up its electric vehicle (EV) business, media reports have claimed that the ride-hailing platform is laying off around 1,000 employees from across verticals. According to reports citing employee records, verticals like mobility, hyperlocal, fintech, and Ola`s used car operations have included in the layoff process.