Articles tagged “layoffs”

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

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

It's clear that elements of these layoffs include some offshoring support, and trims that are AI-induced.

It's the latest in a number of layoff rounds over the past three years.

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.