Oyo, the hotel start-up based in India and backed by Softbank, announced 5,000 job cuts from a workforce of 30,000 due to a demand downturn for its hotel partners from the outbreak of Coronavirus. The bulk of those cuts, 3,000, will occur in China, while...
Last week, India-based hotel partner start-up Oyo Hotels announced 5,000 job cuts worldwide due to the outbreak of coronavirus, with roughly 2,000 occurring in the US and India. Meanwhile, Florida-based toy maker Basic Fun! Announced 18 job cuts due to a work stoppage at the...
Original Article “I’m not sure if companies are prepared,” said Andrew Challenger, vice president at outplacement firm firm Challenger, Gray & Christmas, which works with companies on a variety of labor issues, including executive coaching, downsizings and career transition services. Challenger said the situation already playing out...
Published on: Jul 24, 2018 Companies in Hiring Mode in Tight Labor Market With a booming economy and tight labor market, it’s no wonder companies are in hiring mode. According to a new survey from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc., 64...
