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Expedia to Layoff Practically 9% of Workforce in Newest Downsizing

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Skift Take

Expedia Group continues to be trimming its workforce three 12 months into its companywide reorganization.

Expedia Group introduced late Monday that it started notifying 1,500 workers that they’d be laid off “in gentle of the Firm’s organizational and technological transformation.”

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Expedia Group had 17,100 workers on the finish of 2023, and so these new cuts quantity to round 8.7% of the workforce.

“Given the current completion of many vital technical milestones in Expedia Group’s transformation, the enterprise continues to guage the suitable allocation of assets to make sure an important work continues to be prioritized. Because of this, this 12 months we might be reviewing our operations which we anticipate will lead to roughly 1,500 roles being impacted throughout the globe. Whereas this assessment will outcome within the elimination of some roles, it additionally permits the corporate to put money into core strategic areas for progress. Session with native worker representatives, the place relevant, will happen earlier than making any last selections,” an Expedia Group spokesperson mentioned Monday.

The Expedia Group announcement mentioned the corporate would document $80 million to $100 million in pre-tax expenses and money expenditures in 2024 tied to the restructuring actions. Most of this comes from severance and different advantages compensation bills, the corporate mentioned.

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Expedia carried out at the very least two rounds of layoffs in 2023, together with one in October that impacted round 100 staffers.

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