Airbnb Laying Off 1,900 Employees Due To Travel Decline
Techlife News
|May 09, 2020
Airbnb says it is laying off 25% of its workforce as it confronts a steep decline in global travel due to the new coronavirus pandemic.
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It’s a serious setback for the 12-year-old home-sharing company, which just a few months ago was valued at $31 billion and planning a hotly anticipated IPO. Airbnb lists around 7 million properties on its web site.
In a letter to employees, CEO Brian Chesky said the San Francisco-based company is letting 1,900 of its 7,500 workers go and cutting businesses that don’t directly support home-sharing. Those include its investments in hotels, air transportation and movie production.
“We are collectively living through the most harrowing crisis of our lifetime,” Chesky wrote.
Bu hikaye Techlife News dergisinin May 09, 2020 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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