New Delhi: Hospitality major OYO has announced a reduction in salary of 25 per cent for all its employees in India for April-July 2020 and has also sent some employees on a leave starting May 4, whereby they would get limited benefits. In a mail written to the employees on Wednesday, Rohit Kapoor, CEO for […]
Tag: Oyo
Ritesh Agarwal ‘sorry’ as Oyo to further trim staff across verticals
New Delhi: More staffers at Indian hospitality unicorn Oyo are set to be fired as the company trims its workforce across verticals, Ritesh Agarwal, the CEO, wrote in a letter to the employees. This comes amid reports that the company has let go about 1,200 employees in India “and plans to shed a similar number in […]