Kayak Sets Layoff Process in Motion for Nearly 50 Momondo Group Employees
Skift Take
You can't blame the Priceline Group and Kayak for cutting costs and axing employees because they are part of a public company and their role is to make money for shareholders. Still, Kayak should do as much as possible to ease the transition for the people who built the Cheapflights and Momondo brands.
The ax just fell for nearly 50 Momondo Group employees, including many from its London-based Cheapflights brand, Skift has learned exclusively.
In an email to the company from Kayak, some 47 staffers, some of whom had taken up Group roles after having worked at Cheapflights for years, were informed that the layoff — or redundancy — consultation process had begun.
The Priceline Group completed its roughly $550 million acquisition of the Momondo Group in Jul
