Softbank-backed Indian hotel aggregator Oyo Hotels and Homes Pvt Ltd said on Saturday it is cutting 600 jobs in its corporate and technology departments. India's IPO-bound Oyo will cut 10% of its 3,700-employee base, while at the same time hiring 250 people, it said in a statement. Oyo Hotels first filed to go public in October 2021 but it has delayed the share sale due to market conditions.
TOKYO, December 01, 2022--SoftBank Group Corp. (TOKYO: 9984) announced that it has published its Sustainability Report 2022 for the fiscal year ended March 31, 2022.
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