India Startup Layoffs - Layoffs. fyi Various cities across India and China ∙ 1,800 employees (9%) ∙ Various business roles Oyo, an India-based budget hotel chain, is laying off 1,800 employees across India and China (9% of staff), and plans to lay off another 1,200 in India in the coming months The startup has raised a staggering $3 2 billion and was most recently valued at $10 billion by SoftBank Its fast growth has come
Analysis - Layoffs. fyi Here’s a list of startups that reportedly received a PPP loan and laid off employees during the pandemic (our Layoffs fyi Tracker has a complete list of all tech layoffs)