OYO puts employees across the globe on furloughs.
Oyo Rooms, also known as Oyo Homes & Hotels, has announced that the company is putting its staff across the globe, excluding India, on furloughs.
Placing thousands of its employees globally on indefinite furlough means the employees will be on leave without pay until further notice.
Hundreds of companies are now taking stringent measures to survive through the coronavirus pandemic.
Oyo Homes & Hotels, said in a statement that, as of now, India is not included in furloughing.
Ritesh Agarwal, who founded Oyo in 2013, shared a video on social media platforms and told the employees that tough decisions are necessary for the health of the business. He, in his address, assured Oyo staff that there would be no job cuts anywhere in the globe “despite significant economic pressures.”
Amid Covid-19 crisis, Oyo has taken a severe hit and business is down by over 70%. Ritesh himself has taken a 100% pay cut amid this crisis.
Ritesh Agarwal also said the HR teams of their respective countries would give them details of these leaves.
Oyo is one of the largest and fastest-growing hospitality chain of leased and franchised hotels, homes, and living spaces.
Oyo
Oyo Founding Year – 2013
Founder – Ritesh Agarwal
Location – Gurugram
Website – https://www.oyorooms.com/
Bigbasket to hire 10,000, Grofers adding 5000 employees
In this lockdown period, the online grocery and e-commerce companies like Bigbasket and Grofers are experiencing a surge in demand.
There is a massive spike in orders, and the companies are finding it challenging to meet the requirement of the consumers. The lockdown has forced the people to stay at home and work from home. Since most of the markets are inaccessible, people are placing online orders for the essential items.
Therefore, Bigbasket is looking at hiring 10,000 employees, mostly for its warehouses and for delivering the orders.
“We are looking to hire 10,000 people for our warehouses and last-mile delivery. This hiring will happen across all 26 cities that we are present in,” BigBasket Vice President-Human Resources Tanuja Tewari
Bigbasket
Founders – Hari Menon, VS Sudhakar, Abhinay Choudhari, Vipul Parekh, VS Ramesh
Founding Year – 2011
Location – Bengaluru
Similarly, another online grocery platform Grofers is also looking to hire 5,000 employees to improve its capacity to meet the high surge in online orders in this Covid-19 crisis.
Co-founder and CEO Albinder Dhindsa said, “Every day our app is seeing over 1.5 million people trying to order. Given the constraints on how many people we can cater to, we are only able to serve 1 out of 8 customers today.”
Due to the considerable demand, most of the E-commerce companies have struggled to meet the requirements of the consumers.
In addition to the grocery platforms other online platforms, like Zomato and Swiggy have also started delivering groceries. They are also planning to hire people to fulfill deliveries of essential items.
Further, online medicine apps like Medlife, Pharmeasy, 1 Mg are also gearing up to hire more employees.
Grofers
Founders- Albinder Dhindsa, Saurabh Kumar
Founding Year – 2013
Location – Gurugram
Website – https://grofers.com/
