Travel giant Expedia to cut 3,000 jobs: Report
WASHINGTON: Online travel giant Expedia will cut 3,000 jobs worldwide after what the company called a “disappointing” performance in 2019, US media reported Monday.
The firm, which operates its flagship travel site as well as Hotels.com, Hotwire, Travelocity, Cheaptickets, Egencia and CarRentals.com, said the decision was made after determining it had been “pursuing growth in an unhealthy and undisciplined way,” according to an email sent to staff.
“I am confident that simplifying our business and clarifying our focus by making these difficult changes, our teams can get back to working on the projects and priorities that make the most sense for us, our customers and our partners,” said Expedia chairman Barry Diller in a statement to The Seattle Times.