Orbitz conducts layoffs in broad cost-reduction effort
Skift Take
It's tough to build your hotel business by laying off hotel-market managers. Still, having the dough to conduct more hotel marketing is mandatory if the company is to compete.
Orbitz Worldwide laid off a substantial number of employees in the last few days as a way to throw more money into marketing its hotel business, and become more profitable.
The company declined to specify how many employees were fired.
A source outside the company pegs the number at 70, which would be more than 5% of the staff based on Orbitz's reported 1,329 employees as of the end of 2011, the latest tally avai
