Airbnb announces job cuts, 30% recruiting staff laid off

Online hospitality major Airbnb is the latest IT company to announce job cuts. The company reportedly has laid off 30 per cent of its recruiting staff. According to a report in Bloomberg, the cuts affected 0.4 per cent of the company’s total workforce of 6,800. “We’ve become a leaner and more focused company over the last three years. The company expects to grow its headcount this year,” an Airbnb spokesperson was quoted as saying. During the pandemic, Airbnb had laid off 25 per cent of its workforce, or about 1,900 employees.

No brakes on hiring, but numbers to reduce
The company, however, has no plans to freeze hiring for the year. During the company’s quarterly earnings call last month, chief financial officer Dave Stephenson said that the company is going to hire more people.