Expedia plans to cut about 12% of its workforce [CNNMoney.com]
Expedia Group, Inc. (EXPE)
Last expedia group, inc. earnings: 2/13 04:01 pm
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Source: CNNMoney.com
Expedia plans to cut about 12% of its workforce New York (CNN Business) Expedia is cutting about 12% of its workforce after a "disappointing" 2019. The company outlined its plan in a memo sent to employees, telling them that it intends to "reduce and eliminate certain projects, activities, teams, and roles to streamline and focus our organization." An Expedia Group spokesperson shared a copy of the email with CNN Business. The company said the number of layoffs have yet to be finalized and are "subject to consultation in countries where that would apply." "Transitions like this are difficult as the impact is felt by teammates, colleagues, and friends we have known and partnered with through ups and downs," the company said in its email. "For those who will be leaving, we thank you for your many contributions to Expedia Group and wish you safe travels as you find your next opportunity." The move is only the latest shakeup for the travel company. In December, Expedi
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EXPE
News
- Expedia Group Announces Two New Sustainable Travel Programs for Destinations [Yahoo! Finance]Yahoo! Finance
- These 2 Retail-Wholesale Stocks Could Beat Earnings: Why They Should Be on Your Radar [Yahoo! Finance]Yahoo! Finance
- Expedia Group to Webcast First Quarter 2024 Results on May 2, 2024Business Wire
- Expedia Group, Inc. (NASDAQ: EXPE) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $130.00 price target on the stock.MarketBeat
- EXPEDIA SUMMER TRAVEL OUTLOOK RELEASED: REVEALS HOW TO SAVE UP TO $265 ON SUMMER AIRFARE [Yahoo! Finance]Yahoo! Finance
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