OYO founder gives up FY21 salary, leadership team to take up to 50% cut

OYO founder gives up FY21 salary, leadership team to take up to 50% cut

Ritesh Agarwal. Photographer: Samyukta Lakshmi/Bloomberg

The leadership team at OYO Hotels & Homes, led by founder Ritesh Agarwal, today joined the ranks of Mahindra group, InterGlobe Enterprises and others in taking voluntary salary cuts to help their company tide over the covid-19-induced damage to their business and also show solidarity with their workers.

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