Are OYO’s deep cuts a reality check for unicorns?

Jan 16, 2020 - TechCrunch

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

After a short pause, we’re back on the topic of unicorn layoffs. While it’s cheery that a number of companies are chugging ahead with ARR growth powered by efficient spend, not every company has taken a similar approach. As we’ve seen in the last six months, many companies that raised big checks wound up spending too much and are now reducing h...