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Oyo to cut about 5,000 jobs due to coronavirus epidemic: Report

Shortpedia

Content Team

At a time, when coronavirus has become the global tension, affecting the health and wealth of people across the world, in a recent incident, Oyo Hotels is cutting its global workforce by about 5,000 to 25,000 people, with the deepest reductions in China after business there suffered due to the virus.The Indian startup is reducing staff in China, the US, and its home country as it seeks to boost profitability.