Thread regarding Airbnb layoffs

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I was in customer service and was let go

Grateful for Unemployment insurance in California

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Post ID: @2brl+14PPQVd5

In the note, written by Airbnb CEO and co-founder Brian Chesky, the company said that 1,900 employees will be laid off, or 25.3% of its 7,500 workers. The layoffs will impact a number of internal product groups, including Transportation and Airbnb Studios, efforts that will be placed on hold, and its Hotels and Lux work, which will be “scale[d] back.”

The company declined to break down per-country totals for the layoffs in a phone call with TechCrunch, but its memo did note that its staffing cuts are “mapped to a more focused business.” The former startup appears to be narrowing its efforts, targeting core operations and shedding more experimental and costly endeavours.

According to Chesky’s missive, Airbnb anticipates its 2020 revenue coming in under 50% of 2019’s total; Airbnb saw around $4.8 billion in revenue last year, according to reports.

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Post ID: @mba+14PPQVd5

https://techcrunch.com/2020/05/05/citing-revenue-declines-airbnb-cuts-1900-jobs-or-around-25-of-its-global-workforce/

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Post ID: @dyy+14PPQVd5

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