OYO allots ESOP’s of Rs 130 crore to furloughed employees
Softbank-backed hospitality chain OYO has announced to allot employee stock ownership plans (ESOPs) of Rs 130 crore to all its furloughed employees due to the COVID-19 – pandemic. The motive behind this step was to minimize the economic loss faced by their employees who stand together with the company during these crises.