Oyo Hotels & Homes on Tuesday announced that the firm has moved to a hybrid workplace model for the foreseeable future in India. The company is “reconsidering office spaces” and is revisiting ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tensions between SoftBank-backed Oyo and hoteliers in China were highlighted this week when a dozen operators ...

Until early this year, the company had around 10,000 employees in the country. Now, the number is estimated to have come down to less than 2,500, with Oyo shifting to a lean model and exiting ...

First, it laid off about 20 per cent of its 12,000-strong staff in India in end-2019, and cut down 5 per cent of the 12,000-strong workforce in China as part of a restructuring. In India, it pulled ...

India-based hospitality company Oyo has targeted Japan as its latest market for expansion. The fast-growing startup has launched operations in Japan through a joint venture with Yahoo Japan and is ...

The parallels between hotel chain unicorn Oyo and office-sharing unicorn WeWork -- whose value plunged from $47 billion to "a pretty high probability of being a zero," according to a veteran investor ...