OYO Ritesh Agarwal
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July 06, 2020, Monday
Oyo Hotels is slashing footprint and headcount in virus-hit Japan
The Indian start-up slashed its regional presence by closing offices in provincial centers Sapporo, Sendai, Nagano, Hiroshima and ...
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June 01, 2020, Monday
OYO announces ESOPs for furloughed employees impacted by Covid-19 pandemic
On April 8, OYO founder and Group CEO Ritesh Agarwal had said in a letter and video message that the company will place a certain ...
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May 18, 2020, Monday
SoftBank Vision Fund posts $17.7 billion loss on WeWork, Uber Technologies
Takes hit after writing down the value of investments in WeWork, Uber and others; plans to double buybacks
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April 22, 2020, Wednesday
Top headlines: FB buys 9.9% stake in Jio, OYO employees to take 25% pay cut
Business Standard brings to you a snapshot of events that made the headlines today
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April 22, 2020, Wednesday
Oyo asks all employees to take 25% pay cut; some to be sent on furlough
OYO CEO for India Rohit Kapoor communicated the decision through an email to employees after a company townhall on Wednesday
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April 13, 2020, Monday
SoftBank's $2-billion guarantee at risk as pandemic hits Oyo business
Oyo risks turning into another problem startup for SoftBank and Son, still reeling from the meltdown at the shared-office company ...
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April 02, 2020, Thursday
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
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March 25, 2020, Wednesday
OYO offers free stay to medical staff, first responders in the US
The US is seen as the new epicentre of the disease, with nearly 55,000 cases and over 700 deaths
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January 13, 2020, Monday
Troubled times? Oyo Group CEO Ritesh Agarwal confirms trimming staff
It was reported last week that Oyo had let go of about 1,200 people from its China business, and an equal number are likely to be ...
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January 11, 2020, Saturday
Income tax officials conduct surprise search at SoftBank-backed Oyo
The news comes at a time when Oyo's major shareholder SoftBank faces renewed investor scrutiny after being forced to bail out one ...
