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Published 1 year ago

India's Oyo lays off 600 employees as part of 'wide ranging' reorganisation

Summary by Ground News
India's IPO-bound Oyo will cut 10% of its 3,700-employee base, while at the same time hiring 250 people. Product and engineering teams are being merged to allow for smoother functioning. Oyo Hotels first filed to go public in October 2021 but it has delayed the share sale.

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