The coronavirus outbreak has contributed to a dramatic retrenchment in China, where Oyo is cutting about half of its staff. The company is reducing its global workforce, by about 5,000 jobs, to 25,000 people as part of a worldwide overhaul.
Snapdeal had claimed that its order volumes had grown significantly since May 18 when ecommerce was allowed to sell non-essentials across the country except in containment zones
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