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Evolve announces 14 per cent workforce reduction

Evolve

US: Denver-based vacation rental management company Evolve is reducing the size of its team by 164 employees [14 per cent of the company], despite raising $100 million in growth funding just over a year ago.

Vacasa lays off three per cent of total workforce

Vacasa

US: Portland-based vacation rental management platform Vacasa has cut 280 jobs – around three per cent of its total workforce in the United States – following a number of significant changes at boardroom level.

Trivago set for “significant” job cuts

Trivago

Germany: Travel metasearch engine Trivago has informed its shareholders that it will need to prepare for “significant” restructuring in terms of job cuts and its “organisational setup”. The website, which aggregates vacation rental as well as hotel bookings, has seen its referral revenue drop by more than 95 per cent in the last week of […]

Airbnb to trim workforce by 25 per cent

Airbnb

US: Airbnb is laying off 1,900 team members – or 25 per cent of its global workforce – and slashing its investment in hotels and its luxury business ventures in a move to help the travel behemoth survive the coronavirus crisis.  In addition, it will put a “pause” for the time being at least on […]