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Oyo slashing footprint and headcount in Japan

TOKYO: Oyo Hotels, one of the largest startups in SoftBank Group Corp’s portfolio, is dramatically shrinking its footprint and headcount in Japan as bookings in the country plunge due to travel restrictions.


Sabah college cuts salaries, work hours to slash costs

KOTA KINABALU: University College Sabah Foundation (UCSF) is taking steps to lower costs, including pay cuts and reduced work hours for its staff to deal with the impact of the Covid-19 pandemic.