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Vacasa announces more layoffs and COO departure

Vacasa

US: Portland-based vacation rental management platform Vacasa has announced that it will lay off around five per cent of its overall workforce, affecting 320 employees, as it seeks to become a profitable business.

What we learned at the 2023 Skift Short-Term Rental Summit

Skift

US: STRz attended the Skift Short-Term Rental Summit in New York City – the first part of our content and media partnership with Skift focusing on events this year – and there were plenty of intriguing takeaways to unpick from an agenda containing a host of distinguished industry speakers.

Bruce Schuman succeeds Jamie Cohen as Vacasa CFO

Vacasa

US: Portland-based vacation rental management platform Vacasa has announced the appointment of Bruce Schuman as chief financial officer, succeeding Jamie Cohen, who is stepping down to pursue other opportunities.

Sonder and Vacasa face potential Nasdaq delistings

Nasdaq

US: Property management companies Sonder and Vacasa, have each received notice from the Nasdaq Stock Market that they face being delisted within the next 180 calendar days if they do not comply with minimum bid price requirements.

Vacasa reduces total workforce by 17 per cent

Vacasa

US: Portland-based vacation rental management platform Vacasa has announced its second major round of redundancies in the space of four months, cutting a further 1300 jobs to reduce its total workforce by 17 per cent.