Oyo announces Rs 130 Cr worth ESOPs for furloughed employees

The hospitality industry has taken a hard knock due to the Covid-19 outbreak and the global poster boy in budget hospitality chain Oyo has been facing disruptions in its operation across 80 countries in the past three months. 

As a result, the company had furloughed several thousand employees but it’s compensating all impacted employees through ESOPs. Oyo has confirmed Entrackr’s report by announcing $20 million worth addition of stocks to its existing pool.

Continue reading Oyo announces Rs 130 Cr worth ESOPs for furloughed employees at Entrackr.

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