Hopper Restructures With Job Cuts for the Second Time in a Year

Key Points

• Hopper conducted its second reorganization in a year, resulting in 60-65 layoffs, primarily in the direct hotel team.
• The restructuring is aimed at aligning with strategic goals and investing in key growth areas for long-term success.
• Hopper has formed partnerships with Uber and SMBC Group to bolster its B2B efforts and expand its global reach.

Summary

Hopper, an online travel agency, recently underwent its second restructuring in a year, leading to 60-65 job cuts, particularly affecting the direct hotel team. This move follows the reestablishment of a hotel supply deal with Expedia and aims to align with Hopper's strategic goals for future growth. Additionally, Hopper is focusing on expanding its B2B business through partnerships with companies like Uber and SMBC Group, while it has raised $730 million since its founding.