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Articles tagged “layoffs”

Skift Meetings

Bizzabo Cuts a Third of Staff as Event Tech Braces for Downturn

When one of event tech’s largest providers makes the difficult decision to cut almost a third of its staff it sends shivers down the spine of everyone working in the sector.

2 years ago
Bizzabo Cuts a Third of Staff as Event Tech Braces for Downturn

News Blog

AvantStay Says It Conducted 43 ‘Job Reductions’ in the Past 30 Days

Property manager AvantStay said Friday its employee roster was subject to 43 "job reductions" in the past 30 days. The company argued that these weren't layoffs because they came as part of a "gradual reorganization." There actually was a net reduction of 19 employees over the last month because the company, which has around 600…

Dennis Schaal | 2 years ago

Hotels

Sonder Slashes Workforce by More Than 20 Percent, Including Top Tech Exec

The hospitality brand has had to take action to reassure investors it's not over-stretching itself, because they'll now be expecting much higher revenues as travel roars back.

Matthew Parsons | 2 years ago

Sonder Slashes Workforce by More Than 20 Percent, Including Top Tech Exec

Online Travel

Booking.com to Eliminate 2,700 Customer Service Jobs

We could hear more about Booking Holdings' rationale for eliminating a chunk of Booking.com's customer service workforce when the parent company reports its fourth quarter earnings February 23. It saves money to outsource operations, but doesn't foster better relationships with customers.

Dennis Schaal | 2 years ago

Booking.com to Eliminate 2,700 Customer Service Jobs

EventMB

Hopin Lays Off Workers on Impact From Covid

UK-based event tech unicorn Hopin is laying off 12 percent of its workforce, including its chief marketing officer, as it reels from the impact of Covid on events. 

2 years ago
Hopin Lays Off Workers on Impact From Covid

Hotels

Airbnb CEO Dodges Question Over Whether Company Is Overvalued at $113 Billion

Airbnb is smart to focus on its core accommodations' business, if that is indeed what it is really doing. The company has time to deal with all of the other stuff, from flights to hotels and experiences, once a real-life travel recovery has a pulse.

Dennis Schaal, Skift | 3 years ago

Airbnb CEO Dodges Question Over Whether Company Is Overvalued at $113 Billion

Mergers and Acquisitions

The Biggest Challenge to Online Travel’s Recovery in 2021

The bean counters, meaning the financial experts, at all of the major online travel companies have their work cut out for them as they monitor and try to predict the shape and timing of any potential travel recovery. These companies need to be nimble, and hoard their cash.

Dennis Schaal, Skift | 3 years ago

The Biggest Challenge to Online Travel’s Recovery in 2021

Online Travel

Expedia Cuts More Jobs and 13 Other Top Travel Stories This Week

In Skift's top stories this week, Expedia conducted another round of layoffs, tech investors are drooling over the events industry, American Airlines is mulling bringing back the 737 Max before the end of the year, and Google founding itself dealing with a U.S. antirust lawsuit.

Dennis Schaal, Skift | 4 years ago

Expedia Cuts More Jobs and 13 Other Top Travel Stories This Week

Online Travel

Expedia Group Goes Deeper on Job Cuts

These layoffs at Expedia Group aren't particularly surprising, and were in the offing when travel demand plateaued in many countries starting in July and August. You can expect that Expedia will not be the only company forced into taking another whack at employee payrolls.

Dennis Schaal, Skift | 4 years ago

Expedia Group Goes Deeper on Job Cuts

Online Travel

GetYourGuide Lays Off Staff as the Experiences Sector Faces Uncertainty

Ugh.

Sean O'Neill, Skift | 4 years ago

GetYourGuide Lays Off Staff as the Experiences Sector Faces Uncertainty