ZoomyCupcake

Massive layoff at oyo

Heard from a friend that about 40 to 50% workforce to be fired. Saw some post on Linkedin from product and tech folks working at oyo with open to work tag.

Irony is Airbnb had the best quarter ever.

24mo ago

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PeppyNoodle

Capgemini24mo

Is it due to inflation/recession? Though Airbnb is the cockroach of the startups

ZoomyCupcake

Dunzo24mo

Yep mostly tech recession. Travel is booming. Cleaning up the books.

FloatingPotato

Wipro24mo

Why?

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Curated from across

Indian Startups14mo

How is OYO doing ?

In last 6-8 months there has been lot of layoffs and many startup getting scrutinised due to funding etc..

But I can’t see Oyo name anywhere… Not much layoffs or nothing on their crunch.

Are they doing good or successful?

Layoffs7mo

Ola rumoured to be laying off ~50% in their Cab Business : Product , tech and Ops. Heard from one ola employee.

Is this all for IPO ?

Layoffs23mo

Gomechanic going bust?

A little birdie tells me that go mechanic is on the verge of shutting shops. Any truth to that?

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