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Articles tagged “layoffs”

Short-Term Rentals

Property Manager Frontdesk Laid Off Its Staff and Is On the Brink of Collapse

A multiyear shakeout continues among property managers offering up multifamily buildings.

Dennis Schaal | 3 months ago

Property Manager Frontdesk Laid Off Its Staff and Is On the Brink of Collapse

Online Travel

Travel Companies Laid Off Thousands in 2023 — See Which Ones

The short-term rental sector is growing, but property managers have been having a hard time as supply has outpaced demand.

Justin Dawes | 4 months ago

Travel Companies Laid Off Thousands in 2023 — See Which Ones

Travel Technology

Sojern Lays Off 20% of Staff to ‘Reduce Expenses’

This is the third travel tech company that has completed a layoff in the past month.

Justin Dawes | 4 months ago

Sojern Lays Off 20% of Staff to ‘Reduce Expenses’

Business Travel

Navan Lays Off 145 People as Part of ‘Profitability’ Goal

Navan is doing clean-up towards profitability before its IPO, planned for next year.

Justin Dawes | 4 months ago

Navan Lays Off 145 People as Part of ‘Profitability’ Goal

Online Travel

Tripadvisor Laid Off 4% of Its Workforce

You can see Tripadvisor's priorities crystal clear in where its restructuring occurred. The Tripadvisor Core segment took the heaviest hit, and Viator was impacted the least.

Dennis Schaal | 5 months ago

Tripadvisor Laid Off 4% of Its Workforce

Short-Term Rentals

Vrbo Kicked Out ‘A Large Number’ of Hosts for Cancelling Guest Bookings

When online travel agencies trot out statistics on their numbers of properties, is it a vanity thing or something more strategic? If you take Vrbo at its word, it's going for quality over quantity.

Dennis Schaal | 6 months ago

Vrbo Kicked Out ‘A Large Number’ of Hosts for Cancelling Guest Bookings

Online Travel

Expedia Laid Off Around 100 Employees in Second Round of Job Cuts

Tech companies have been hard hit by layoffs in 2023. Expedia Group, which has been consolidating its workforce since 2019, continues to tinker with staff levels.

Dennis Schaal | 6 months ago

Expedia Laid Off Around 100 Employees in Second Round of Job Cuts

News Blog

Kayak and OpenTable Laid Off 80 Employees

Kayak and OpenTable, two Booking Holdings brands, laid off 80 employees, Skift has learned. A screen grab from Kayak's Sorry, Winston commercial. Source: Kayak A spokesperson said that was less than 5% of their workforce. "Like many other companies, we needed to make some difficult staffing changes as we sharpen our priorities," the spokesperson said.…

Dennis Schaal | 6 months ago

Short-Term Rentals

A Trimmed Down VTrips Laid Off 9% of Its Employees

Consider this a peek behind the curtain of VTrips, which has not been immune from the layoffs rocking the property management industry.

Dennis Schaal | 6 months ago

A Trimmed Down VTrips Laid Off 9% of Its Employees

Online Travel

Hopper Cuts 30% of Staff in Bid to Get Profitable

Hopper's burn and growth rates were unsustainable — even for a company that had raised $730 million.

Dennis Schaal | 7 months ago

Hopper Cuts 30% of Staff in Bid to Get Profitable