SoftBank-backed Oyo furloughs some U.S. workers as coronavirus hits revenue April 8, 2020 admin Business News Comments Off on SoftBank-backed Oyo furloughs some U.S. workers as coronavirus hits revenue SoftBank-backed Oyo Hotels and Homes is furloughing some employees to cut costs, it said on Wednesday, as lower travel due to the coronavirus pandemic slams the hospitality industry. …read more Source:: Reuters – Business News Did you enjoy this article? Join our FREE Newsletter! I agree to have my personal information transfered to MailChimp ( more information ) Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.We hate spam. Your email address will not be sold or shared with anyone else.