Articles tagged “layoffs”

Short-Term Rentals

TravelNet Solutions, Short-Term Rental Software Provider, Lays Off 7% of Employees

There have been a ton of layoffs in various areas of the short-term rental industry over the last year. Facing headwinds, companies are trimming costs and trying to position themselves to new market conditions.

Dennis Schaal | 2 weeks ago

TravelNet Solutions, Short-Term Rental Software Provider, Lays Off 7% of Employees

Short-Term Rentals

Vacasa’s First Employee Steps Down From the Board: How She Sees the Company Now

Is Vacasa losing its hospitality edge — one executive at a time?

Srividya Kalyanaraman | 1 month ago

Vacasa’s First Employee Steps Down From the Board: How She Sees the Company Now

Short-Term Rentals

Vacasa to Lay Off 320 – 5% of Workforce; COO to Leave

Vacasa is trying to get cash flow positive in 2024 by almost any means necessary.

Dennis Schaal | 2 months ago

Vacasa to Lay Off 320 – 5% of Workforce; COO to Leave

Travel Agents

Flight Centre Is Closing Its Gogo Vacations Unit

Flight Centre wanted to cut a money-losing division and refocus on a higher-end luxury client. RIP Gogo Vacations.

Dennis Schaal | 2 months ago

Flight Centre Is Closing Its Gogo Vacations Unit

Online Travel

Expedia to Lay Off 1,500 – Nearly 9% of Workforce

Now that Expedia Group completed its move of Hotels.com and Vrbo onto the Expedia.com tech platform, it saw the opportunity to make further workforce cuts.

Dennis Schaal | 2 months ago

Expedia to Lay Off 1,500 – Nearly 9% of Workforce

Short-Term Rentals

Sonder to Lay Off 106 Workers – 17% of Corporate Staff

Sonder is cutting its overhead while it works with external advisors to figure out how to handle underperforming units.

Dennis Schaal | 2 months ago

Sonder to Lay Off 106 Workers – 17% of Corporate Staff

Online Travel

The Expedia Makeover Under CEO Peter Kern

A lot of behind-the-scenes work has taken place at Expedia Group under CEO Peter Kern over the past four years. Were the moves successful? That will depend on CEO-in-waiting Ariane Gorin.

Dennis Schaal | 2 months ago

The Expedia Makeover Under CEO Peter Kern

Online Travel

Online Travel Agency Kiwi.com Laid Off 18% of Employees

Kiwi has been losing money, and like other tech and travel firms, trimmed its staff.

Dennis Schaal | 3 months ago

Online Travel Agency Kiwi.com Laid Off 18% of Employees

Travel Technology

Travel Tech Platform Mondee Cuts Marketing Jobs: ‘They Are Being Replaced by AI.’

Most companies have resisted saying that AI could displace jobs. Mondee is being very clear about it.

Justin Dawes | 3 months ago

Travel Tech Platform Mondee Cuts Marketing Jobs: ‘They Are Being Replaced by AI.’

Short-Term Rentals

Frontdesk’s Assets Will Likely Be For Sale

You can expect that some of Frontdesk's rivals will move in to buy some of its remains.

Dennis Schaal | 3 months ago

Frontdesk’s Assets Will Likely Be For Sale