{"version":"1.0","provider_name":"Business","provider_url":"https:\/\/ipsnews.net\/business","author_name":"Bilal","author_url":"https:\/\/ipsnews.net\/business\/author\/bilal\/","title":"SoftBank-backed Oyo cuts salaries, furloughs employees - Business","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"Pac7tlxBJ3\"><a href=\"https:\/\/ipsnews.net\/business\/2020\/04\/23\/softbank-backed-oyo-cuts-salaries-furloughs-employees\/\">SoftBank-backed Oyo cuts salaries, furloughs employees<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/ipsnews.net\/business\/2020\/04\/23\/softbank-backed-oyo-cuts-salaries-furloughs-employees\/embed\/#?secret=Pac7tlxBJ3\" width=\"600\" height=\"338\" title=\"&#8220;SoftBank-backed Oyo cuts salaries, furloughs employees&#8221; &#8212; Business\" data-secret=\"Pac7tlxBJ3\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/* ]]> *\/\n<\/script>\n","description":"Oyo is furloughing more employees globally and levying a 25% pay cut across the board through July this year as the Indian budget lodging startup looks to reduce its expenses to deal with the coronavirus pandemic that has slashed its revenue by about 60%. Rohit Kapoor, chief executive of Oyo, shared the news with employees &hellip; Continue reading SoftBank-backed Oyo cuts salaries, furloughs employees","thumbnail_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2019\/10\/GettyImages-1156202815.jpg?w=730&amp;crop=1"}