Expedia restructures teams amid strategic refocus
📈 Expedia Group, on April 29, 2025, announced layoffs affecting 3% of its workforce, targeting primarily product and technology mid-level employees. This restructuring move, with no leadership changes, aims to streamline operations and maintain strategic growth. Despite the layoffs, selective hiring will continue to support long-term objectives. In 2024, Expedia experienced a 7% revenue increase and will provide more details on May 8. Core brands like Hotels.com and Vrbo are showing resilience with recent bookings growth.
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