SoftBank-backed OYO cuts pay of all India employees: internal memo

SoftBank-backed OYO cuts pay of all India employees: internal memo

4 years ago
Anonymous $9CO2RSACsf

https://www.reuters.com/article/us-health-coronavirus-oyo/softbank-backed-oyo-cuts-pay-of-all-india-employees-internal-memo-idUSKCN2240XD

SoftBank Group-backed OYO Hotels and Homes has cut salaries of all employees in India by 25% for four months starting in April and also put some of its staff on leave without pay, according to an internal memo reviewed by Reuters.