Oyo fires 1,800 employees in India, China; plans to shed more
Business | Jan 13, 2020, 05:43 PM ISTOYO Hotels is laying off thousands of employees in India and China after Japanese giant SoftBank tightened its noose around it. Ritesh Agarwal-led Indian hospitality unicorn Oyo is currently the second top unicorn after Paytm and valued at nearly $10 billion in the country.