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Are we heading towards an unemployment crisis?

The ongoing coronavirus pandemic has forced the world to a standstill. Markets are closed, roads are empty, people are locked inside their houses and business is not as usual. The novel virus which first originated in China has now become a global headache. So far the virus has infected more than 470,000 cases and claimed […]

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Oyo to layoff about 5,000 jobs in overhaul, says report

Indian hospitality unicorn OYO Hotels and Homes is reportedly cutting down its global workforce by about 5,000 to 25,000 people. The biggest downsizing will be from the company’s China business after business there is struggling in the wake of the novel coronavirus outbreak. According to a Bloomberg report, the Indian startup, which is one of […]