Airbnb lay off nearly 1,900 employees, about 25% workforce
Airbnb, an online marketplace for homestays said it has laid off near 1900 employees, about 25 percent of the workforce of the company.
In a note sent to Airbnb employees, Airbnb Co-Founder and CEO Brian Chesky said, "Out of our 7,500 Airbnb employees, nearly 1,900 teammates will have to leave Airbnb, comprising around 25% of our company. Since we cannot afford to do everything that we used to, these cuts had to be mapped to a more focused business. "
These decisions are not a reflection of the work from people on these teams, and it does not mean everyone on these teams will be leaving us. Additionally, teams across all of Airbnb will be impacted. Many teams will be reduced in size based on how well they map to where Airbnb is headed, he added.
Due to the Covid19, global travel c...