Post layoffs in India & China, OYO has now laid off over one-third of its employees in the US.
A Skift report said that this week OYO has laid off around 360 employees from its US offices. The report said that the layoffs have taken place across numerous job categories, including business development managers, talent acquisition leads, and area general managers.
“We will be primarily be redirecting resources from sales and support functions to functions that build our operational capabilities like revenue management, data science & machine learning. engineering, and other areas,” OYO COO Abhinav Sinha wrote.