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Covid-19: OYO CEO Ritesh Agarwal takes 100% pay cut for rest of the year
The company's entire executive leadership team has taken a voluntary pay cut starting at 25 per cent and going up to 50 per cent
Fresh round of layoffs at Oyo, 100-150 staff likely to be impacted
The bulk of this fresh round of layoffs will be from its cloud kitchen business, which has about 200-300 employees in India
OYO narrows losses by 27% to Rs 363 cr in 2016-17 on operating leverage
OYO has identified an untapped opportunity in locked homes management through 'OYO Home'