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Under the lens

1
Under the lens

Oyo just furloughed part of its workforce. Many may quit, giving it room to manoeuvre itself better.

A chunk of Oyo’s employees is under a four-month furlough, with partial payment for two months and no payment for the rest. There’s no certainty when they will resume work. Many of them could leave the company without severance benefits during this time. After Covid-19, Oyo will restart on a far smaller base compared to its size of operations earlier.

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Result

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