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Stock impact report

Expedia says it's cutting some roles as it assesses skills needed for the future and simplifies its structure [Business Insider]

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
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Expedia is cutting jobs, the company confirmed to Business Insider. Expedia said it's focusing on skills needed for the future and simplifying its structure. The scope of the cuts was unclear, but several affected employees posted about it on LinkedIn. Expedia is cutting some roles as it looks toward the skills needed for the future, the company confirmed to Business Insider on Monday. "We are eliminating roles as well as opening some new roles as we remain disciplined about assessing the skills we need for the future," an Expedia Group spokesperson said in a statement. "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." It's unclear how many people were affected or Show less Read more
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