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Stock impact report

Expedia lays off some Seattle-area employees [Yahoo! Finance]

Expedia Group, Inc. (EXPE) 
Last expedia group, inc. earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: expediainc.com/contact-investor-relations
Company Research Source: Yahoo! Finance
Expedia has a major campus in the Interbay neighborhood and is one of the region's largest tech employers. KIRO 7 News reached out to Expedia about the layoffs. The company sent us the following statement: “We are eliminating roles as well as opening some new roles as we remain disciplined about assessing the skills we need for the future. We are also simplifying our structure and reducing organizational layers to move faster and with more accountability. These are not easy decisions, and we are grateful for the contributions of our colleagues who are impacted.” Expedia did not reveal how many people were impacted in this round of cuts. Technology news site GeekWire is estimating that about 10% of the technology team was laid off. In addition to Expedia.com, the Expedia Group includes brands such as Vrbo, Orbitz, Hotwire, Trivago, and Hotels.com. Show less Read more
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