Expedia-Orbitz Synergies Mean Deep Job Cuts at Orbitz
Skift Take
In the consolidation game, Expedia's business model is to do heavy integration of the acquired companies' back-end platforms while retaining their brands and axing lots of employees to trim costs and boost the bottom line. Synergies for some, unemployment for others.
One of the advantages big companies such as Expedia Inc. wrangle out of acquisitions is the resulting "synergies," or cost-cutting.
At Orbitz Worldwide, that means that 325, or about 40 percent, of the Chicago headquarters staff has been laid off over the last few weeks, according to the Puget Sound Business
