Expedia Prepares to Lay Off Thousands and 10 Other Top Digital Stories This Week
Photo Credit: Expedia CEO Barry Diller wasn't joking around about tightening up the company — thousands of staff are set to be axed. Wikimedia Commons / JD Lasica
Skift Take
Expedia Chairman Barry Diller is delivering on his promise to tighten up the company, with recently announced plans to lay off 12 percent of staff. Plus, the short-term rental market is one to watch as it continues to grow, with some predicting a new category to emerge that distinguishes between professional and host-run rentals.
Digital Travel News Weekly Roundup
Throughout the week we post dozens of original stories, connecting the dots across the travel industry, and every weekend we sum it all up. This weekend roundup examines digital trends. For all of our weekend roundups, go here.
Expedia Begins Layoffs Targeting 12 Percent of Its Workforce: Diller and Kern are taking an ax, as promised, to Expedia Group’s payroll. This could be just the first round, and the thinking might be: Why sell to private equity, have those folks squeeze out the cost savings, and reshape the business when we can do it ourselves?
Amadeus Forecasts Meager 1 Percent Air Traffic Growth in 2020 Outside China: Amadeus, the world's largest provider of ticket distribution and operational software for airlines, is a bellwether for the sector. It had a weak February, but it expects a rebound later this year. Its forecast for the airlines, however, is less optimistic.
Online Travel’s eDreams Odigeo Sees Bookings Tumble After Coronavirus O
