Expedia to cut 3,000 jobs [Reuters]
Expedia Group, Inc. (EXPE)
Last expedia group, inc. earnings: 2/13 04:01 pm
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Source: Reuters
Expedia to cut 3,000 jobs Feb 24 (Reuters) - Expedia Group Inc said on Monday it would cut about 3,000 or 12% of its workforce as part of a plan to streamline its business. The online travel services company had 25,400 employees globally as of Dec. 31. “We are announcing our intent to reduce and eliminate certain projects, activities, teams, and roles to streamline and focus our organization,” the company said in an email to employees, a copy of which was obtained by Reuters. The job cuts include 500 people in its headquarters in Seattle, a company spokeswoman said in a statement. Earlier this month, Expedia said it was not providing a full-year forecast as the company assessed the impact of the coronavirus outbreak on its operations. (Reporting by Rama Venkat in Bengaluru; Editing by Maju Samuel)
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EXPE
Earnings
- 2/8/24 - Beat
EXPE
Sec Filings
- 4/17/24 - Form 4
- 4/5/24 - Form 4
- 4/2/24 - Form 4
- EXPE's page on the SEC website