Oyo Furloughs Thousands of Workers in Setback for SoftBank
A pedestrian walks past an Oyo hotel, operated by Oyo Hotels Japan G.K., in Tokyo, Japan. (Photographer: Toru Hanai/Bloomberg)  

Oyo Furloughs Thousands of Workers in Setback for SoftBank

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(Bloomberg) -- Oyo Hotels & Homes, the Indian budget lodgings service backed by SoftBank Group Corp., is placing thousands of employees globally on indefinite furlough as it tries to survive throug...
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