Expedia Group is laying off 12% of its employees, amounting to
around 3,000 jobs, GeekWire reported.
The report referenced an internal email from executives that
told employees the cuts come after a “disappointing 2019 business performance.”
In addition to employees, the email stated Expedia would reduce
projects, activities and teams “to streamline and focus our organization.”
The news about employee cuts comes after a December management
shakeup, in which chairman Barry Diller took over the company’s leadership
after ousting former CEO Mark Okerstrom.
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Earlier this month on his first financial earnings call in that
role, Diller blasted the company as “wildly complex,” “bloated” and
one that “lost clarity and discipline.”
He didn’t make any announcements about staffing on the call, but
did commit to simplifying the organization. As a result, Expedia expects cost
savings of between $300 million and $500 million.
In a statement, Expedia said, “Today, Expedia Group announced
our intent to simplify how we do business. This includes stopping certain
projects and activities, reducing use of vendors and contractors and
eliminating approximately 12% of our direct workforce. This will include about
500 people in Seattle. We remain committed to Seattle and greater King County.”
* This article originally appeared on Travel Weekly.