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OYO’s Ritesh Agarwal took home ₹1.6 crore in FY2021 — here are the top earners in the IPO-bound company

Here are the key managerial personnel and how much they earned in FY2021, excluding stock option…

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Over 23,000 techies lose jobs in nearly 82 Indian startups to date

As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off b…

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2 mins read

70-plus Indian startups show exit door to 21K techies, more pink slips coming

As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees…

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3 mins read

EXCLUSIVE: OYO’s new employee initiatives — weekend curfew with no calls or Slack messages, a surprise holiday, and discounted Curefit membership

Indian hospitality unicorn OYO has announced several initiatives to help its employees deal with an…

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OYO founder Ritesh Agarwal announces ESOPs worth ₹130 crore for furloughed employees

Indian hospitality unicorn OYO has allotted ESOPs (employee stock ownership plan) worth ₹130 crore …

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2 mins read

This is how OYO became profitable at operating level in Q1FY23, reveals Jefferies

As hospitality major OYO firms up plans for its initial public offering (IPO), financial services c…

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5 mins read

Inside OYO’s offices ⁠— how a 'high pressure' work environment broke a promising startup brand

When numbers become the defining metric, quality may suffer. “OYO when it enters a market want t…

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6 mins read

Full text of Ritesh Agarwal’s note to OYO employees who are worried about layoffs, losses and other troubles

The offices at hotel aggregator OYO have been tense, thanks to the news of layoffs and losses. Now,…

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3 mins read

EXCLUSIVE: OYO sends employees in India on leave without pay for 4 months and announces pay cuts for many

OYO said that some of its employees will be put on ‘leave without pay’ for four months starting …

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2 mins read

OYO employees have collected ₹1 crore to help Chinese colleagues affected by coronavirus

Ritesh Agarwal, founder and CEO, OYO, has said that a fund of over 1 mn RMB (around ₹1 crore) ha…

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Microsoft announces strategic investment in OYO

Tech giant Microsoft and travel technology platform OYO on Thursday announced that they have entere…

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11 mins read

Don't moment-market this crisis; there's a special place in communication and marketing hell reserved for that: Mayur Hola of OYO

OYO's marketing officer Mayur Hola shares how the company has changed its marketing strategy during…

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2 mins read

OYO announces ESOPs for all furloughed employees impacted by COVID-19

"This is the first time in the history of the company that such a large part of the organisation is…

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OYO now plans to layoff 2,000 employees, the company says it may ‘replace some candidates’

Yet, OYO continues to maintain that it is one of the “best places to work”. "OYO continuousl…

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From OYO to Upgrad to Zomato, employees get full salaries as startups begin reversing pay cuts

Five months into the coronavirus pandemic and having taken stock of how COVID-19 impacts their busi…

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An OYO employee puts out a LinkedIn post for his fired colleagues, hundreds write in with job openings

It has been a stressful week for hundreds of employees at OYO. While many have been fired, others a…

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4 mins read

How upskilling can drive employee and business growth

Several global megatrends are transforming work and skill demands, such as technology, climate chan…

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5 mins read

OYO bags a $7.4 million cheque as pandemic forces Ritesh Agarwal to reimagine the business

Ritesh Agarwal-led OYO has raised ₹54 crore or $7.4 million from Hindustan Media Ventures in a seri…

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2 mins read

OYO cuts 25% of fixed pay of employees; sends some staff on leave with limited benefits

New Delhi, Apr 22 () OYO on Wednesday informed employees that 25 per cent of their fixed salaries …

PTI