OYO announces further furlough round and 25 per cent pay cuts
India: Just a fortnight after placing the majority of its employees, or “Oyopreneurs”, on furlough or temporary leave in the
Read more
SoftBank
OYO announces layoff round in India and China
India: Franchised short-term rental and hotel startup OYO has announced a significant layoff round, letting go of thousands of their
Read more
SoftBank and OYO acquire 80 per cent stake in MDI
Japan: SoftBank Group and Indian short-term rental and hotel startup OYO have acquired an 80 per cent stake together in
Read more