Softbank-backed OYO to cut pay of all employees in India: internal memo
https://www.reuters.com/article/us-health-coronavirus-oyo/softbank-backed-oyo-to-cut-pay-of-all-employees-in-india-internal-memo-idUSKCN2240XD
Softbank Group-backed OYO Hotels and Homes has cut the salaries of all employees by 25% for four months starting April and also sent some of its people on leave with limited benefits, according to an internal memo seen by Reuters.