Thread regarding Orbitz Worldwide Inc. layoffs

Orbitz 2016 Layoffs

Expedia is on fire and plans to eliminate 40% of Orbitz' payroll - that'll be about 325 jobs, it'll happen very quickly. Most of the cuts will affect Chicago. CEO's already out, got canned back in November. 150 Mil in severance - 500 folks in Chicago will stay on payroll. HomeAway will also be affected by it'll take a while for them to get there. 2016 will be a very interesting year, indeed.

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