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COVID-19 Impact: Oyo Announces Four-day Workweek, Infinite Paid Leaves

Softbank-backed hospitality firm Oyo has announced a four-day workweek for employees following the surge in COVID cases amid a second and deadlier wave of the pandemic in the country.

“Starting today, we are moving to a 4 day work week but implementing it slightly differently, making Wednesdays off to let OYOpreneurs have a mid-week breather. We also launched a no-questions-asked flexible infinite paid leaves,” founder and chief executive officer Ritesh Agarwal said in a tweet on the micro-blogging site on March 12.

“Take off when you want, no need to log then, just let the manager know, no reasons needed, none asked. We are not going to stress about business impact and deadlines,” he added.

Agarwal also said he would wind up early today to spend time with his family and talk to family and friends affected by COVID.

Oyo joins the league of another homegrown firm Swiggy, which last month announced a similar move.

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