Expedia Group has implemented a limited number of staff layoffs in two departments based in both the US and Europe with employees breaking the news via social media.
According to PhocusWire, an undisclosed number of staff involved in product and technology and human resources were made redundant, however, reports suggest less than 100 employees were affected.
The recent layoffs were not companywide and not expected to majorly impact Expedia Group’s financials.
The company confirmed the news via a statement: “We continue simplifying and reprioritising resources to achieve our business goals. This resulted in eliminating some roles and realigning our investments to ensure we can deliver great technology and experiences for our travellers. We remain confident in our strategy and are excited about our future as travel demand remains high.”
The Seattle-based company owns several travel businesses, such as Expedia, Hotels.com, Vrbo, Travelocity, Orbitz, ebookers, Wotif and Trivago, and has offices worldwide, including Sydney.
The layoff news comes as Expedia Group launched its new AI-powered One Key loyalty program on 17 July, uniting its flagship brands of Expedia, Hotels.com and Vrbo.
The company is also due to share its Q2 2023 results on 3 August 2023, while the most recent earnings report showed a Q1 revenue of USD$2.7 billion, up 18 per cent year on year.
Over the past three years, Expedia Group has implemented several layoffs to consolidate and realign its operations after cutting 3,000 jobs during the pandemic.
Last year, Trivago was fined AUD$44.7 million for misleading Australian consumers about hotel rates in 2020.
