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Articles tagged “layoffs”

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

Tourism

Disney to Lay Off 28,000 U.S. Theme Park Workers and Others as Covid Takes Its Toll

Analysts had been predicting the Mouse House may not return to last year's profit levels until 2025. These painful job cuts seemed inevitable.

Lisa Richwine, Reuters | 4 years ago

Disney to Lay Off 28,000 U.S. Theme Park Workers and Others as Covid Takes Its Toll

Online Travel

Booking.com Restructuring Will Pare Its Workforce By Up to 25 Percent

Despite the deep job cuts, the proprietary Skift Health Score calculates that Booking Holdings has far greater long-term strength than rivals Expedia Group and Trip.com Group. If you follow Booking.com's logic, the future of travel will be substantially smaller than its past.

Dennis Schaal , Skift | 4 years ago

Booking.com Restructuring Will Pare Its Workforce By Up to 25 Percent

Hotels

Vacation Rental Brand Vrbo Emerges as Expedia Star With Pandemic-Era Bookings

Vrbo has been in the right place(s) at the right time, somewhat reversing a very challenged 2019. Is the changed trajectory a momentary blip in the throes of a pandemic, or will it be sustainable?

Dennis Schaal, Skift | 4 years ago

Vacation Rental Brand Vrbo Emerges as Expedia Star With Pandemic-Era Bookings

Hotels

Oyo Will Lay Off Most of Its Furloughed U.S. Employees

Oyo's decision to part ways permanently with furloughed U.S. employees is tied to its view that the lodging company's full global recovery wouldn't occur until the second half of 2021. It's a nice gesture to give them stock options, although the jury is out on whether they'll be worth much in the long run.

Dennis Schaal, Skift | 4 years ago

Oyo Will Lay Off Most of Its Furloughed U.S. Employees

Online Travel

OpenTable and Kayak Bring Back 10 Percent of Furloughed Employees

If the dining and travel industries are looking for a bright spot during these dark days, then returning employees are a morsel to hang onto.

Dennis Schaal, Skift | 4 years ago

OpenTable and Kayak Bring Back 10 Percent of Furloughed Employees

Coronavirus

Hilton Cuts Nearly a Quarter of Its Corporate Workforce: Will It Regret the Deep Layoffs?

There is always the potential of going too far with layoffs during an economic downturn. But coronavirus has upended the travel industry with so much uncertainty that Hilton's sizable layoffs reflect a narrowed corporate focus on near-term health, survival, and reopening.

Cameron Sperance, Skift | 4 years ago

Hilton Cuts Nearly a Quarter of Its Corporate Workforce: Will It Regret the Deep Layoffs?

Airlines

United Airlines Sweetens Voluntary Exit Package to Entice More Cabin Crew

United knows it needs to downsize come fall, and it's trying to do so in as painless a way as possible.

Tracy Rucinski, Reuters | 4 years ago

United Airlines Sweetens Voluntary Exit Package to Entice More Cabin Crew

Coronavirus

Sabre’s Major Restructuring Includes Cutting 800 More Jobs

Sabre's leadership team has been like an endurance runner in its strategy of patching up the security of the company's software, breaking down internal business silos, and moving Sabre's systems to the more stable cloud. This latest restructuring is the next phase.

Sean O'Neill, Skift | 4 years ago

Sabre’s Major Restructuring Includes Cutting 800 More Jobs

Online Travel

Booking.com Extends Chairwoman Gillian Tans’ Contract to 2021 in Surprise Move

Kayak, OpenTable, and Agoda have laid off employees. The flagship brand, Booking.com, initially took Dutch government relief money that forestalled downsizing, but has opted not to extend it. Amid other restructuring moves under way, that means layoffs are likely on the agenda as Chairwoman Gillian Tans re-ups.

Dennis Schaal, Skift | 4 years ago

Booking.com Extends Chairwoman Gillian Tans’ Contract to 2021 in Surprise Move