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, […]

Source

Leave a Reply

Your email address will not be published. Required fields are marked *

The owner of this website is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon properties including, but not limited to, amazon.com, endless.com, myhabit.com, smallparts.com, or amazonwireless.com.