MUMBAI -- India's Oyo Hotels & Homes has let go of about 1,800 employees in India and China, trimming fat in key markets while strengthening a push into the U.S.
The SoftBank Group-backed startup dismissed 1,200, or 12%, of its Indian workforce and 600, or 5%, of its Chinese employees, Bloomberg reports. Another 1,200 jobs will be cut in India over the next three to four months.
