Bolt.Earth laying off 70 employees across all division

Indian EV Charging Infra provider company Bolt.Earth is giving pinkslip to 40 employees across all division due to financial crunch and may undergo reorganization. Bolt.Earth laying off around 40% of their work force with various job titles across all department in India with business restructuring to get its business back on track.

Bolt.Earth found in 2017 has speciality in Connected Bikes, Software, App developement, Ebikes, electric chargers, EV Charger, Android, iOS, Platform, Energy, and Shared Mobility
running by current CEO Jyotiranjan Harichandan. Bolt.Earth has successfully installed 30K+ charging points across 1,300+ cities in India, serving over 162K+ active users. With 1400MWh+ energy dispensed, the charging infrastructure provides a reliable and efficient network of charging stations to support the growing number of EVs on the road.

There was no official communication to us from Bolt.Earth but you can always refer Bolt.Earth internal gossips and layoff news on our Bolt.Earth discussion board.

As per company spokeperson to media, While we have made the difficult decision to reduce our workforce, the scale of these layoffs was significantly smaller and was a necessary adjustment within our strategic realignment..

Bolt.Earth Layoff Details in Brief

40 Bolt.Earth employees were laid off over the phone call/email without putting them into PIP (performance improvement plan), as per various media houses. This layoffs at Bolt.Earth surely have a deep impact on the affected employees across all division. The main concerns about job security and employability, Bolt.Earth employee may find themselves struggling with uncertainty and anxiety. However, it is important to note that layoffs are often a reflection of broader market forces rather than individual performance and we layoffnewz team wishes that all laid off employee will get alternative jobs soon.

You can connect with Bolt.Earth Official website for more details about this layoff.

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