The company said that for those who opt for VSP, the company will provide benefits such as financial assistance, relaxation on ESOP vesting...

The company’s expansion proved overly aggressive and it was scaling back even before the coronavirus outbreak, slashing staff in China by a...

The hospitality sector has been one of the worst affected by the coronavirus outbreak, with global and domestic travel coming to a near-hal...

Oyo did not specify how many employees will be put on leave with limited benefits for four months in India but sources familiar with the ma...

Oyo risks turning into another problem startup for SoftBank and Son, still reeling from WeWork's meltdown.

The firm is furloughing employees in countries excluding India, but not cutting jobs.

The job cuts have come amid the Covid-19 outbreak, which has caused more than 10,000 deaths in the US so far, crippled businesses and led t...

Startups have started laying off staff and, in some cases, asking employees to take pay cuts as they look for ways to weather the impact of...

The coronavirus outbreak has contributed to a dramatic retrenchment in China, where Oyo is cutting about half of its staff. The company is ...

The Covid-19 outbreak, which has ravaged the world's second-largest economy, has hit the hotel room aggregator's operations in China, Oyo g...

Hoteliers are unable to contact company representatives who were doing business with them.

Several existing hotel partners of Oyo expressed concerns over the job cuts at the SoftBank-backed company and said they had received no co...

Executives say scale of layoffs ‘far larger’ than expected but Oyo denies any such plan.

Layoffs will be in mid-management, business development, sales and operations roles, & tech teams.

SoftBank-backed Oyo plans to shed another 1,200 in India over the next three to four months, sources said.

Quikr has laid off close to 1,000 employees, which is about a third of its total 3,000 workforce over the last few weeks, said a source, ev...

Aggregators are turning out to be strong draws for several people, who are lured by the challenges and learning opportunities that come wit...