Booking Holdings Layoffs 2020

Layoffs will begin next month and run through the end of the year according to parent company booking holdings inc. Booking holdings plans to lay off 25 of its global workforce as a result of the downturn in travel demand caused by covid 19. Booking holdings q1 gross bookings plummet 51 total revenue down 19 by mitra sorrells may 7 2020 booking holdings saw its gross travel bookings drop to 12 4 billion in the first quarter of 2020 still a massive number but a whopping 51 less than it was one year earlier 25 4 billion.

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That s about 4 000 workers.

Booking holdings layoffs 2020. Booking holdings based in norwalk connecticut also owns the restaurant.

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