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IPO-bound OYO rejigs top leadership with five elevationsOYO has announced new leadership roles. Sonal Sinha is now COO International and Rachit Srivastava is COO of OYO Vacation Homes in Europe. ...- Oyo introduces 4-day work week, no-questions-asked infinite PL; Zerodha kills work chats post-6pmOYO has also introduced a mid-week breather.
- OYO to move to 4-day work week: Ritesh AgarwalAgarwal in a tweet noted that COVID-19 continues to test the physical and mental well-being of people. One thing that truly matters is havi...
- OYO Hotels & Homes strengthens its global leadership teamAmong those who have been promoted and hired are Ayush Mathur who is now the chief supply officer (Global), Ankit Mathuria as Chief Technol...
- OYO to focus on five core markets amid coronavirus crisis, says group CEO Ritesh AgarwalThe company, which saw its gross margins fall sharply after the outbreak of COVID-19, said its gross margins are now back to 85 per cent of...
- Oyo sends letter to staff stating it's making all employees shareholdersIn April, Oyo announced pay cuts and 'leave with limited benefits' options for its staff in India.
- From Oyo to Zomato, startups soften pay cuts by expanding Esops poolCompanies may grant 12-15% of their overall stockholding to ESOPs to help staff hit by cuts, furloughs.
- Oyo announces ESOPs for all furloughed employees impacted by Covid-19Oyo is also actively working with the company's investors to identify opportunities in their portfolio companies and help its employees wit...
- Oyo takes measures to mitigate COVID-19 impact, to offer quality hospitality experienceThe steps also include training of on-ground teams and measures such as health screening for guests as well as staff, frequent proper sanit...
- Masayoshi Son’s real estate bet has some big problemsThe shortfall signals more trouble ahead for SoftBank and one of its most highly touted investments.
- Oyo notifies employees about layoffs via emailsLayoffs in Delhi and Jaipur were communicated to the staff on Monday, while in Gurgaon employees were notified on Tuesday.
- Impromptu celebration, yummy cheesecake: Aditya Ghosh completes 1 year as OYO CEO, thanks Ritesh AgarwalIn a detailed LinkedIn note, Ghosh said he has evolved as a person.
- Oyo plans to lay off sales staffAbout 60 salespeople in Oyo’s New Delhi and Gurgaon offices were the first to be fired and got their letters on Monday.
- Oyo announces investment of Rs1400 crore in India, launches new Collection O brandFounder Ritesh Agarwal said losses as a percentage of realised value (Oyo Hotels’ sales run rate) are reducing year-on-year from 44.5% in f...
- Tech startups, ecommerce companies to step up hiring in 2019Players like Oyo and Swiggy are likely to increase in headcount up to 30% as they are targeting new markets.
- OYO Esops to get 2,000 more stock optionsThis takes the number of shares issued by the company to 8,893. OYO has over 10,000 employees.
- OYO makes room for former IndiGo President Aditya GhoshSoftBank-backed hospitality chain names former IndiGo president as its first CEO for India and South Asia.
- OYO approves new ESOP plan with additional benefitsThe ESOP will be administered by a compensation committee formed by the board of directors, which will establish procedures for the adminis...
- OYO sets out to scale the Great Wall of ChinaThe budget hotel startup’s entry into the world’s second-largest economy is proof that OYO really means serious business
- Why a new breed of 20-somethings is not caring much about salaryThese 20-somethings are high performers, have a passion for the cause they believe in, are digital natives but job security is not their pr...
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