Indian hospitality chain OYO Prep for Changes in Post-Pandemic Recovery
The less-contact approach to combating the virus while providing value to its asset partners with improved occupancy and revenue.…
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OYO CEO Ritesh Agarwal joins Venture Catalysts to empower small-town startups
Ritesh Agarwal, CEO of hospitality major OYO, has joined hands with the country’s largest incubator Venture Catalysts (VCats) to…
How OYO is Ensuring Business Continuity in the Midst of the Covid 19 Crisis?
To ensure business continuity, all OYO stakeholders have increased the use of its internal communications channel, Slack. Meetings…
OYO To Layoff 5000 Employees, Maximum In China Due To Covid-19 Breakout
App-based hotel aggregator, OYO Hotels & Homes will be firing around 5000 employees from their offices in different countries.…
What Are Masayoshi Sons’ Plans Like?
While WeWork was witnessing a meltdown, SoftBank founder Masayoshi Son had been working through and analysing the prospects of one…
Oyo’s Journey Of Profits And Losses. What’s New To The Table?
Oyo’s profit and loss has been talked quite a lot. However, how is the company faring actually?
Hospitality chain Oyo had…
Oyo India Records $604 Million Sales, Losses Down To 14%
Hospitality chain OYO Hotels and Homes announced that its losses have come down to 14% in FY19 from 24% in FY18. With a 2.9 times…
Will IT Companies See Big Layoffs In 2020 Due To Automation?
For the IT sector, the end of 2019 saw a noticeable dampened mood as top IT companies let go of employees. Cognizant, Infosys,…
Oyo to layoff more than 2000 employees: Is India on a layoff spree?
The first month of 2020 has proved to be quite challenging for startups and ventures. Indian hotel chain OYO homes & hotels…
Toxic work culture at Softbank’s Oyo!!! Lessons on how to avoid becoming one
An extravagant business can only be sailing well as long as it is ethically correct. In most recent news of OYO’s toxic work…