OYO to cut pay of all employees in India for four months amid coronavirus outbreak
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Undoubtedly, the coronavirus has impacted every sector be it tourism or transportation, suffering the loss caused due to the virus, OYO has announced a pay cut of 25% of all its employees in India for four months, starting from April. The latest move comes after OYO furloughed thousands of its international employees earlier in April as the coronavirus pandemic has worsened the business of hospitality firm.