Senior Oyo staff take 25-50% salary cut

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Senior Oyo staff take 25-50% salary cut

Apr 03, 2020 13:06 IST

To help hospitality unicorn Oyo tide over the challenges posed by the Covid-19 pandemic, its entire executive leadership team has taken a voluntary pay cut, starting at 25% and going up to 50%, the company said on Thursday. Company's CEO Ritesh Agarwal has decided to forego 100% of his salary for the rest of the year.

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