TripAdvisor Is Cutting a Quarter of Staff Amid Travel Freeze [Yahoo! Finance News]
TripAdvisor, Inc. (TRIP)
Last tripadvisor, inc. earnings: 2/12 04:02 pm
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US:NASDAQ Investor Relations:
ir.tripadvisor.com/investor-relations
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Source: Yahoo! Finance News
) -- TripAdvisor Inc. is cutting a quarter of its workforce and closing offices in San Francisco and Boston in a bid to shrink costs as the coronavirus pandemic decimates travel.The Needham, Massachusetts-based company is eliminating 600 positions in the U.S. and 300 people in other offices around the world, Chief Executive Officer Steve Kaufer said in a statement Tuesday. Most remaining employees will be forced to take a 20% salary cut and be reduced to four-day work weeks for three months starting June 1.“These are the most difficult cost-saving decisions I have ever had to make,” Kaufer wrote in a email to staff. “This is a tough day on many levels, and this pandemic has been nothing short of surreal.”Kaufer previously said he would forgo his salary for 2020, joining a list of CEOs who have taken similar measures. He said the full impact of the Covid-19 pandemic was yet to be laid bare. However, he said, “I am confident that our business and the industry will recover.” Axios earlie
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News
- 13D Activist Fund Established a Position in TripAdvisor (TRIP) in Q3 [Yahoo! Finance Canada]Yahoo! Finance Canada
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- TripAdvisor (NASDAQ:TRIP) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- TripAdvisor (NASDAQ:TRIP) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
TRIP
Earnings
- 11/6/25 - Beat
TRIP
Sec Filings
- 11/20/25 - Form 4
- 11/20/25 - Form 3
- 11/18/25 - Form 4
- TRIP's page on the SEC website