I heard Expedia has laid off 10k employees out of its total strength of 25k during feb-aug period. Is this a rumour or is it true?
There was a layoff in March-April, about 4K people across the globe, including engineering. Beyond that there’s a few redundant teams that were eliminated.
okay.
Wrong information. It was only 4K including all streams and eliminated the contract positions
Lol ... "only 4k"
Yeah this is kind of old news. Big 10% cut across the board happened literally a couple weeks before lockdown
Around 9k people left or were laid off from feb to sept. And 2000 new joiners. Total strength was ~32k in feb. Now reduced to 25k
Probably more attrition after that and still continuing
The bulk of the layoff happened Feb 28th the rest has been incremental depending on local labor laws and stuff. 10K seems a bit high for the number of people let go.
We did not lay off 10k, not sure what the number would be if you count the people that left this yr willingly. We’re not done with layoffs though, there’s more coming
Sounds about right, think it was closer to 9500 globally tho
Really tho it's a sinking ship, at least for the next few years. No matter what BD says it's going to take a long time for EG to start seeing meaningful growth or sales.
Same here. The next couple of years are going to suck. We had a fun run though.
In engineering?
It was across the divisions at first when there CEO changed.