Booking Holdings has laid off around 60 employees at one of its business-to-business units, Rocket Travel by Agoda, part of the company’s recent efforts to reset its global priorities.
At least one of the impacted employees posted about the downsizing on LinkedIn, and a Booking Holdings spokesperson confirmed the layoffs.
The move is designed to streamline Rocket Travel’s operations, and some roles are being moved closer to a tech center in APAC, the spokesperson said, adding that Booking’s overall business-to-business strategy isn’t changing.
The layoffs were believed to make up around half of Rocket Travel’s U.S. workforce.
These are the first layoffs to occur following Booking Holdings’ announcement last month that it would be making organizational changes that could including firing employees. The company stated that it needed to manage the growth of its fixed expenses.
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