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New Delhi,
Oyo, the online hotel and accommodation booking company, has become the most popular company among people for offering rooms at discounted rates. In this case, Oyo is said to be facing a severe economic recession in recent times.
In order to rectify this, Oyo has taken action by dismissing 600 employees. Regarding this, Ritesh Aggarwal, Founder and CEO of OYO said, “It is very unfortunate that talented people have to be let go. However, when OYO grows again and takes on additional responsibilities in the future, they will definitely be given priority.”