Airbnb laying off 25 percent of its staff

Airbnb laying off 25 percent of its staff

As per reports, Airbnb plans to lay off nearly 1,900 employees, or about 25% of the company. ’Airbnb’s business has been hit hard, with revenue this year forecasted to be less than half of what we earned in 2019’, CEO Brian Chesky is said to have told employees in a call. Prior to the layoffs, Airbnb had 7,500 employees.

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