Airbnb Is Cutting 25% of Staff Amid Global Travel Slump
- Home-share startup will dismiss 1,900 employees worldwide
- Airbnb’s revenue for 2020 cut in half by Covid-19, CEO says
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Airbnb Inc. is cutting 25% of its workforce as the coronavirus pandemic continues to pummel the travel sector.
About 1,900 Airbnb employees across the world will be affected, Chief Executive Officer Brian Chesky wrote in an email to staff Tuesday. Those employees’ last day will be Monday, May 11, the email said.