EV firm Euler Motors lays off 10% of workforce citing restructuring

Euler Motors, a Delhi-based electric vehicle startup, has laid off approximately 10% of its workforce, citing “restructuring” efforts. "…Our decision to restructure, however meant that we had to part with approximately 10% of our employees from across the organization – many of whom have made invaluable contributions to our growth and success,” a company spokesperson said in a statement.