Business Standard

Fresh round of layoffs at Oyo, 100-150 staff likely to be impacted

The bulk of this fresh round of layoffs will be from its cloud kitchen business, which has about 200-300 employees in India

This fresh round of funding is separate from the recent $1.5 billion share buyback orchestrated by Agarwal
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This fresh round of funding is separate from the recent $1.5 billion share buyback orchestrated by Agarwal

Neha Alawadhi
Oyo is likely to ask more employees to leave in the coming weeks, as the hotel and hospitality aggregator looks to streamline its operations and focus on profitability. Employees between 100 and 150 are likely to be affected in this round of job cuts. 

The bulk of this fresh round of layoffs will be from its cloud kitchen business, which has about 200-300 employees in India. 

Last year, Oyo had dabbled cloud kitchens, or cooking only to fulfil orders placed through food ordering portals like Swiggy and Zomato. It launched four cloud kitchen brands — Adraq, O Biriyani, Paratha Pandit

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