Tag: OYO

Geetika Mehta is Ananta Capital’s new group CHRO

Ananta Capital has roped in Geetika Mehta as group chief human resource officer. An alumna of XLRI, Jamshedpur, Mehta began her HR journey with Mondelez...

Satyadeep Mishra leaves OYO, joins CleverTap as CHRO

Satyadeep Mishra joins CleverTap as the chief human resource officer (CHRO). CleverTap is a SaaS-based customer lifecycle management and mobile marketing company, headquartered in...

Companies & sectors that topped the layoff race in 2022

Mass layoffs were quite rampant across the globe in the second half of this year, that is, 2022. The India story was no different. Leading...

Oyo to cut 600 jobs as part of organisational restructuring

Oyo is undergoing major restructuring, with some teams being merged and functions being integrated. The hospitality chain is letting go 600 employees, but is...

Salary of OYO founder goes up 250%

While OYO, the hospitality services platform had cut down on bonuses and even salaries, its financial reports show that the CEO’s salary had risen...

Spice Money elevates Atul Tiwari to CHRO

Spice Money, the Indian rural fintech company, has elevated Atul Tiwari to the post of chief human resources officer. Tiwari, who was earlier head-HR,...

OYO hires Satyadeep Mishra as CHRO for international markets

OYO has appointed Satyadeep Mishra, as the CHRO for its technology, product, shared services and international markets teams. His appointment comes at a time...

Placement scene improves across India, so do salaries

The uncertainty that hung over the placement scene seems to have been lifted to a great extent. Across India, management graduates are getting good...

OYO to hire 300+, expand tech & product teams

OYO, the online travel & hospitality platform, is expanding its technology and product teams. Over the next six months, it will take on at...

OYO India offers voluntary separation, leave extension to employees

Hospitality firm, OYO India, said on the company blog that it is offering its employees, who are on leave with limited benefits, the option...

‘Weekend curfew’ and ‘gratitude holiday’ for OYO employees

OYO Hotels & Homes has announced several initiatives to ensure the health, wellbeing and work-life balance of its employees, as it gears up to...

FICCI and OYO offer online course for hospitality industry

The Federation of Indian Chambers of Commerce & Industry (FICCI) and hospitality major, OYO, have come together to create an online certification course on...

OYO reverses pay cuts from Aug 1

Hospitality company, OYO, has decided to restore the full salaries of its employees in India and South Asia. While those earning a fixed salary...

Oyo staff successfully use combo of home + co-working spaces

Hospitality company, Oyo, has allowed its employees to follow a combination of ‘work from home’ and ‘work from flexible co-working spaces’. It is mainly...

Pandemic forces OYO to slash headcount in Japan

With the pandemic forcing nations to seal borders and ground their airlines, the travel and hospitality sectors have experienced a drastic slump in business....

ESOPs worth Rs 130 Cr. for OYO staff

Oyo, the hospitality chain, will be granting employee stock ownership plans or ESOPs worth approx. Rs 130 crore to all its employees who have...

OYO: No job cuts in India, but furloughs in the US

OYO has officially announced that while the Company will go ahead with furloughs and temporary leaves in the US and some other markets, no...

How Oyo benchmarked its exit process

The term ‘layoff’ finds its way into newspapers and headlines quite often these days. A humane approach to the exercise is becoming a hot...

OYO lends support to laid off employees, offers benefits

Having laid off about 15 to 20 per cent of its workforce in early January, OYO Hotels is now trying to do its best...

Oyo employee does his bit for laid off colleagues

Jasmit Singh, head-enterprise sales, Oyo, posted on LinkedIn to help place co-workers who have been rendered jobless.   Following the laying off of about 2400 Oyo...

Oyo’s hospitality partners panic due to layoffs

The hotel partners seem to have received no communication from OYO about its downsizing and are unable to contact the Company’s representatives either. Oyo’s recent...

OYO to lay off thousands in India this week

The objective is to reduce the headcount by 20 per cent Oyo, the hospitality chain, is set to lay off about 2,400 employees in India...

Rising costs force hospitality major OYO to increase layoffs

OYO Hotels and Homes is planning to increase the number of job cuts to 2000, that is, about 1500 more than what was planned...

OYO to cut 500 jobs in India

Hospitality company, OYO, is planning to cut down its workforce in India by 500. Employees in the partner-facing experience and business development teams will...

OYO to expand workforce in India by 3,000

OYO will be expanding its workforce in India, by hiring more than 3,000 employees in the next six months. The hospitality company, which offers...

Treebo Hotels lays off about 100 to 120 of its staff...

Treebo Hotels, run and operated by hospitality company, Ruptub Solutions, has laid off about 100-120 employees, which is about 20 per cent of its...

Employee strikes in European countries

On January 25, 2023, at Berlin Brandenburg Airport (BER), all passenger flights were canceled as airport staff walked out because of a dispute over...

Latest

Year-end bonus checks delayed for google employees

In a change in functioning, Google has postponed the distribution of its year-end bonus checks to employees, which is unusual for the company as...

Godrej announces plans to hire 800-1000 employees in 2023

Godrej Properties, a leading real estate developer, has announced plans to hire 800-1,000 employees in 2023 as part of its robust land acquisition pipeline....

Aparna Dhingra gets regional role at BMW

Aparna Dhingra has been promoted to head of region (HR) - Asia Pacific, Africa, Middle East, BMW Group after spending six years at BMW...

OPS implementation will benefit 1,36,000 employees: Himachal Pradesh government

The implementation of the Old Pension Scheme (OPS) has been discussed widely in recent days, and many states have already put it into action....

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...