Browsing Tag

Oyo

43 posts
Oyo

OYO reportedly cutting salaries for all employees by 25%, internal memo reveals

Fresh from a lay-off, OYO has now reportedly announced 25% salary cuts…
Oyo

OYO is laying off more in the US, citing coronavirus outbreak as the reason: Report

OYO, which is fresh off from some recent layoffs, is back to…
Oyo

OYO invokes “force majeure” clause, ceases all payments to partner hotels: Report

After OYO raised concerns over declining business last week, asking its partner…
Oyo

OYO is offering cash incentives to COVID-19 impacted hotels in Japan to get them on-board

The effect of the coronavirus has spared none and plagues even the…
Oyo

Oyo makes lay offs official, over 5,000 fired globally amid profitability rush

Oyo is making its rumoured lay-offs, official. The company announced today, that…
Oyo

Oyo revenues surge to $951M in FY 2019, losses grow six fold to $335M amid China expansion

Oyo hotels and homes private limited, the parent company that owns and…
Oyo

OYO lay offs reach US, over 350 employees being let go across multiple verticals: Report

Oyo lay-offs, something that has been on a rise for some time…
Oyo

Oyo is reportedly firing thousands of employees across China and India

Oyo, after witnessing a phase of aggressive expansion into multiple geographies globally…
Oyo Logo

OYO appoints Ankit Gupta as COO & SVP of Frontier Businesses

OYO has been making major changes to its senior management and in…

Oyo promotes Aditya Ghosh to board; appoints Rohit Kapoor as CEO

Oyo has today announced some major rejigs at the top management level…
Oyo

Hotel partners cut ties with Oyo citing huge price increases

After a rapid rise into the hotel room booking business, Indian startup…
Oyo

OYO to invest €300 million in its OYO Vacation Homes business in Europe

OYO said on Wednesday that it will invest €300 million ($334 million)…

Oyo debuts ‘Workspaces’, its multi-brand entry into plug and play corporate infrastructure

At a launch ceremony held in Delhi today, Oyo debuted its foray…
Innov8

Oyo has reportedly acquired co-working space provider Innov8

Formalising its much speculated push into the co-working segment, Oyo has reportedly…
Oyo

Singapore’s Grab could invest $100 million in OYO

Singapore-based ride-hailing upstart Grab, is reportedly in talks with Oyo for investing…
Aditya Ghosh, CEO, Oyo

Oyo appoints former IndiGo president Aditya Ghosh as new Chief Executive Officer

Oyo has announced that it has appointed former IndiGo airline president Aditya…
knowlarity

Knowlarity onboards former Oyo exec Ajay Shrivastava as its Chief Technology Officer

Cloud-based telephony company Knowlarity Communications has today announced that it has appointed…
oyo

Oyo debuts neighbourhood friendly hotel Townhouse, plans 250 properties across 12 cities by end of 2017

Looking at how things have been turning out for Oyo lately, the…
oyo

Oyo gulps in $61.8 million from SoftBank, other existing investors however, are a no show

At a time when growth-stage investments for startups have been extremely scarce,…
oyo

Oyo Rooms inks hotel content deal with US-HQed travel commerce platform Travelport

Budget hotel aggregator Oyo Rooms has today announced that it has signed an…
freecharge escrow service, freecharge, paytm

FreeCharge partners with OYO in order to strengthen its partner ecosystem

In measures to compete with its bigger rival Paytm, FreeCharge has today…