Pay cuts for all Oyo workers in India
Hotel chain Oyo is cutting pay of all 10,000 staff in India and some will be furloughed.
An undisclosed number will be sent home with ‘limited benefits’ due to the impact of Covid-19 on the hospitality industry.
They are furloughed for at least four months from May 4, 2020 and ‘we hope we will be in a position to welcome them back into full-time roles sooner rather than later,’ Oyo India and South Asia CEO Rohit Kapoor said in a memo to staff.
"Oyo is taking all necessary actions to mitigate Covid-19’s impact and ensure long-term success."
Salaries are cut by 25% for all employees for the April-July 2020 payroll.
"All other benefits and terms of your contract will remain unchanged," the memo said.
Oyo had promised not to lay off staff during India’s nationwide lockdown, but that ends on May 3 and the layoffs begin the very next day.
Thousands of employees worldwide have already been laid off this year.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
U.S.A. and Israel attacks on Iran impact air movements in the Gulf (Update 1.00pm CET)
Global tourism exceeds 1.5 billion travelers announces UN-Tourism
WTTC global tourism reached record economic impact of 11 trillion in 2025
Marginal increase for New York City tourism in 2025