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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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3 mins read

Early-stage startups keen on hiring for mid and junior roles: FICCI-Randstad survey

A survey by industry body FICCI and HR services firm Randstad India says that early-stage startups …

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2 mins read

Unacademy lays off 600 employees from sales, business and other functions

Edtech firm Unacademy has reportedly laid off 1,000 employees over the last few weeks in order to c…

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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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OYO sends US staff on ‘temporary leave’ but Indian jobs are safe

Indian hospitality chain OYO has announced that it won’t lay off employees in India in spite of the…

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OYO raised $660 million in debt funding to repay past debts

OYO has raised $660 million in debt from undisclosed institutional investors as the Gurugram-based …

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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

Ritesh Agarwal has a new task at hand – rebuild OYO’s battered image in the eyes of hurt hoteliers and customers

It’s been a difficult start to the new year for OYO. From layoffs to income tax searches, there has…

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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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OYO reveals numbers to show that the cash burn had reduced sharply even before the mass layoffs

Indian hospitality unicorn OYO says that its revenue grew more than four times in the year ending M…

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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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2 mins read

Indian unicorns like Oyo, PayTm and now Uber are shedding flab — resulting in thousands of pink slips

After the textile and auto sector, startups and that too unicorns could be where the next set of pi…

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6 mins read

Tech layoffs to continue for sometime thanks to a slowdown in demand and an uncertain economic environment

Bipin Singh, a business development manager at Byju’s with over 11 years experience in the EdTech i…

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BYJU's slashes over 1,000 jobs, mostly from its engineering teams

Edtech major BYJU's has laid off further 15 per cent of its employees from its engineering teams, a…

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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

OYO is beefing up its board of directors – the second board appointment this year is a former FBI consultant

Indian hospitality unicorn OYO has announced the 8th addition to its board of directors. The compan…

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2 mins read

“Goa may be the new Thailand, ” says Ritesh Agarwal as OYO pivots to a new strategy ⁠— ‘driving, and not flying, destinations’

Agarwal said that within the travel industry, aviation is impacted the most. With people not r…

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3 mins read

Exclusive: Income Tax search at Ritesh Agarwal-led OYO’s headquarters in India

More trouble for Indian hospitality unicorn OYO. Income tax officials searched the headquarters of …

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3 mins read

OYO is struggling in Japan due to coronavirus, but announces a new brand in the country, along with funds for hoteliers

OYO Hotels Japan, a joint venture established in Japan by OYO Hotels & Homes, a hotel venture f…