Oyo to fire 600 executives from its technology teamsand hire 250 for sales.

In order to close projects and integrate teams, Oyo plans to lay off 600 executives from its technical and
product divisions. The business said in a statement on Saturday that it is employing 250 executives in
In order to improve efficiency and capitalise on synergies, it is shrinking some company operations as it
moves toward the merger of various activities of its European holiday home business. The corporation
stated that it has also reevaluated its corporate headquarters location and is simplifying team structures
and consolidating similar positions where necessary.
According to the statement, it would assist in placing as many employees as possible and offer medical
insurance for up to three months on average.


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