India’s Oyo furloughs thousands of employees as revenue drops by over 50% – TechCrunch

Oyo has placed thousands of employees on leave and furloughs for up to three months in the U.S. and several other markets as the Indian budget lodging firm contends the coronavirus outbreak that has cut its revenue and demand by more than 50%. The startup’s teams in the U.S. are most impacted by the furloughs, […]


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