OYO India offers voluntary separation or leave extension to employees

Hospitality firm OYO India on Friday said it is offering its employees who are on leave with limited benefits, the option to voluntarily separate or extend the leave for another six months.

In April, the company asked some of its staff in India to go on leave with limited benefits from May 4 for four months and also asked all employees in the country to accept a cut in their fixed salaries by 25 per cent due to the impact of the COVID-19 pandemic on the hospitality industry.

After June 8, the company could partially reopen its hotels in a phased manner after the government’s nod. Post-unlock, the company started tracking to 30 per cent of pre-COVID-19 occupancy levels, OYO India said in a statement.