New Delhi, Jan. 30 -- Ola Electric on Friday said that it has decided to lay off 5% of workforce as part of restructuring effort.

"Ola Electric continues to focus on its business turnaround, building on the early gains delivered through Hyperservice and its service-led execution reset, with same-day resolution now being delivered to over 80% of service requests nationwide. The company is doubling down on speed and discipline through increased automation across its frontend operations," the company said in a statement.

It added, "As part of this ongoing structural transformation, approximately 5% of the workforce will be impacted. Ola Electric remains focused on delivering a stronger customer experience and building a leaner organisation...