Thursday, 7 May 2020

Airbnb to Cut 25%of Labor Force as Coronavirus Stalls Global Travel

Airbnb Inc. stated it is slashing 1,900 jobs, or a quarter of its workforce, and cutting investments in noncore operations, as the home-sharing giant anticipated the coronavirus pandemic would alter its company even after more people start taking a trip once again.

Co-founder and Chief Executive Brian Chesky told staff members about the cuts in a memo Tuesday, adding that the business’s income forecast for this year is “less than half” of in 2015’s level.

%%.



source https://jobsearchtips.net/airbnb-to-cut-25of-labor-force-as-coronavirus-stalls-global-travel/

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