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April 22, 2020 02:32 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XDWGebF7WAQ/
SoftBank-backed Oyo cuts salaries, furloughs employees
Oyo is furloughing more employees globally and levying a 25% pay cut across the board through July this year as the Indian budget lodging startup looks to reduce its expenses to deal with the coronavirus pandemic that has slashed its revenue by about 60%. Rohit Kapoor, chief executive of Oyo, shared the news with employees […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XDWGebF7WAQ/
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