Leaked email reveals that Oyo is planning to lay off most of its US staff and give them a new option to buy stock in the SoftBank-backed hotel company

Business Insider

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· SoftBank-backed budget hotel company Oyo will lay off most of its US staff, per a leaked email sent to employees Wednesday night. 
· The employees will have the option to buy Oyo stock, though one employee said he doesn't know anyone planning to take that offer. 
· Oyo has raised more than $3 billion in capital, though...

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