Expedia to layoff 1500 employees

Expedia announces 1500 job cuts (9% of workforce) amid organisational and technological transformation. CEO Peter Kern resigns. Expedia evaluates resource allocation. Booking Holdings projects slower growth in demand. Layoffs to impact net income by $80-100M.

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Feb 29, 2024 - 16:11
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Expedia to layoff 1500 employees
Expedia announces 1500 job cuts (9% of workforce) amid organisational and technological transformation. CEO Peter Kern resigns. Expedia evaluates resource allocation. Booking Holdings projects slower growth in demand. Layoffs to impact net income by $80-100M.
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