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Articles tagged “layoffs”

News Blog

American Airlines Begins Layoffs in Corporate Travel Department

American Airlines' restructuring of its global sales team will involve the departure of three experienced senior leaders, Skift has learned. The reorganization impacts its U.S operations and includes a number of layoffs. Other global regions are set to follow, with the cuts coming just weeks ahead of its move to shift more of its airfares…

Matthew Parsons | 1 year ago

News Blog

Airbnb Trims Recruiting Staff by 30 Percent

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. A spokesperson told Bloomberg that the layoffs came this week to align the size of Airbnb's recruiting staff with the scale of projected hiring this year.…

Dennis Schaal | 1 year ago

Online Travel

Google Flights Could Shift Strategy After Heavy Layoffs

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.

Dennis Schaal | 1 year ago

Google Flights Could Shift Strategy After Heavy Layoffs

Luxury

Inspirato’s Problems Run Deep Despite Blame on Macroeconomic Issues

Despite fears of a looming recession, luxury travel has been very strong. However, luxury subscription brand Inspirato has slashed its workforce and downgraded full-year guidance, seemingly hiding deeper issues within the company behind a veil of macroeconomic uncertainty.

Pranavi Agarwal | 1 year ago

Inspirato’s Problems Run Deep Despite Blame on Macroeconomic Issues

Short-Term Rentals

Vacasa Slashes 17 Percent of Workforce in Second Recent Round of Layoffs

It's clear that Vacasa's ranks were bloated, and that the company was not very well-run in recent years. Like several other now-struggling, newly public companies, Vacasa faces a challenging road ahead.

Dennis Schaal | 1 year ago

Vacasa Slashes 17 Percent of Workforce in Second Recent Round of Layoffs

News Blog

Oyo Hits Reorg Button: Lays Off 600 Employees Across Tech and Product

Oyo, in preparation for its upcoming IPO in 2023, is doing a major reorg of its organizational structure and cost base. It has announced it is letting go of 600 employees out of a total of about 3700, mostly in its product and tech teams. From the company: "Oyo is downsizing its product and engineering,…

Rafat Ali | 1 year ago

News Blog

Property Manager AvantStay Lays Off 22 Percent of Workforce in Second Round of Cuts

In a second round of cuts since mid-year, property manager AvantStay laid off 144 staffers, about 22 percent of its workforce, according to a published report from Short Term Rentalz. An Avantstay property in Isle of Palms by Charleston, South Carolina. Source: AvantStay. This followed the Los Angeles-based vacation rental firm eliminating some 43 jobs…

Dennis Schaal | 1 year ago

Short-Term Rentals

Vacasa Lays Off 280 Employees as New CEO Sets Sights on Profits

It's tough for a new boss, like Vacasa CEO Rob Greyber, to come into a job and then have to make significant layoffs. It's tougher for impacted employees, however.

Dennis Schaal | 2 years ago

Vacasa Lays Off 280 Employees as New CEO Sets Sights on Profits

Short-Term Rentals

Vacasa Eliminates 25 Sales Jobs After Hiring Binge

Property management companies such as Vacasa and others in the short-term rental sector are under pressure and have been forced to reorganize.

Dennis Schaal | 2 years ago

Vacasa Eliminates 25 Sales Jobs After Hiring Binge

Skift Meetings

Hopin Cuts Staff for Second Time This Year

The economic downturn is decimating the event tech sector hard, particularly virtual event tech platforms. This won't be the last round of layoffs as investors lose confidence in the sector.

2 years ago
Hopin Cuts Staff for Second Time This Year