Tripadvisor to Lay Off 200 Workers With Experiences Business in Line of Fire
Skift Take
Along with its dining reservations business, Tripadvisor's tours and activities unit had been a bright spot. But well-funded competitors such as GetYourGuide and Klook have tightened the race, and Tripadvisor is feeling it.
Tripadvisor will be laying off about 200 workers, and Skift has learned that its Experiences business could be one of the targets of the company's cost-cutting.
Bloomberg first reported on Wednesday night the pending layoffs, saying that about 200 jobs would be eliminated, according to its sources. That would represent about 5 percent of Tripadvisor's total workforce.
But Skift has learned that Tripadvisor's Experiences business, where it was an undisputed leader over the last few years, could be a focal point of a cost-cutting drive as the co
