Skift Take
Expedia Group is still trimming its workforce three year into its companywide reorganization.
Dennis Schaal
Expedia Group announced late Monday that it began notifying 1,500 employees that they would be laid off “in light of the Company’s organizational and technological transformation.”
Expedia Group had 17,100 employees at the end of 2023, and so these new cuts amount to around 8.7% of the workforce.
“Given the recent completion of many significant technical milestones in Expedia Group’s transformation, the business continues to evaluate the appropriate allocation of resources to ensure the most important work continues to be prioritized. As a result, this year we will be reviewing our operations which we expect will result in approximately 1,500 roles being impacted across the globe. While this review will result in the elimination of some roles, it also allows the company to invest in core strategic areas for growth. Consultation with local employee representatives, where applicable, will occur before making any final decisions,” an Expedia Group spokesperson said Monday.
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Source: skift.com