January 11, 2020

SoftBank-backed Oyo firing thousands across China and India

By Azlyrics

Oyo has let go of 5% of its 12,000 employees in China partly due to non-performance, while dismissing 12% of its 10,000 staff in India, one of the people said. It plans to shed another 1,200 in India over the next three to four months, the person added.