Articles tagged “layoffs”

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.
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.
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.