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Stock impact report

Booking Holdings Applies for European Relief With Substantial Layoffs Possible [Yahoo! Finance News]

Booking Holdings Inc. (BKNG) 
Last booking holdings inc. earnings: 2/26 04:04 pm Check Earnings Report
Booking Holdings Applies for European Relief With Substantial Layoffs PossibleBooking.com terminated 48 contractors in Amsterdam when their agreements expired, and Glenn Fogel, CEO of that unit and its parent Booking Holdings, told employees in an internal video Friday that additional layoffs were certainly possible.Under the headline,“Dizzying”drop in turnover at Booking: layoffs on the way“Staff at Booking.com, the world’s largest travel site, is very concerned about a possible dismissal layoffs),” the NRC story said. “Last Friday, American top executive Glenn Fogel announced this during a video conference with hundreds of employees. In it, Fogel replied ‘probably, yes’ to the question of whether layoffs would be made.”Join our Online Summit on the Online Travel Sector on May 21st at 11 a.m. ETThere have been no announcements of layoffs, although the company is undoubtedly mulling its options as competitors and big travel companies virtually everywhere have furloughed or fired staff Show less Read more
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