Expedia has conducted an operational review that has resulted in a plan to cut 1,500 jobs over the course of 2024. The company aims to streamline its operations and focus on core strategic areas. The deepest cuts are expected to be in Expedia’s product and technology teams, where the company may seek to reallocate resources and invest in areas crucial to its future growth.
The reduction of 1,500 jobs represents a 9% decrease in Expedia’s global workforce of 17,100 employees. The affected employees will be informed about the changes in the coming week, according to a memo from outgoing CEO Peter Kern. However, it remains unclear whether all 1,500 employees will receive notifications at once or if the impact will primarily be felt by employees based in Seattle.
Expedia’s decision to cut jobs is part of its broader strategy to invest core strategic areas. By streamlining operations and reallocating resources, the company aims to enhance its competitiveness and adapt…
