Articles tagged “layoffs”

This is at least the third c-suite exec that has departed over the past year, and it comes as Sabre continues a big tech transformation.

Inspirato's woes do not appear to be a reflection of the broader luxury sector. Perhaps luxury subscriptions, though, don't have as much value in the eyes of wealthy travelers as the company purports.

There's no indication that these layoffs had anything to do with a softness in travel demand.

Early in the pandemic, a bunch of property managers handling multi-family buildings went out of business. Many vacation rental property managers have recently faced a softer reckoning, but an inflection point nonetheless.

Vacation rental property manager Evolve is laying off 14 percent of its staff — or 164 employees.

Google Travel just got a tiny bit less sticky because Gmail users could easily find their past, present and upcoming trips there all in one place. The feature became a victim of bigger and more important priorities.

Big tech companies everywhere have been dropping staff, and now it's Sabre's turn. This may also be a result of a permanently changed travel industry post-pandemic and Sabre's effort to keep up.

Airbnb reduced its recruiting staff by 30 percent — affecting perhaps a couple of dozen jobs — even as the company plans on increasing its overall workforce in 2023.

Why doesn't Google promote Google Travel as a one-stop shop? The layoffs at Google Flights show there's too much ad revenue in play on the Google.com side of the flights business to merit such an all-in approach.