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.
%E3%80%80%2520DSC01193-3.jpg%2520DSC01179-3re.jpg?width=700&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=394)
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)