Expedia Carries Out Limited Number of Layoffs

Key Points

• Expedia Group conducted targeted layoffs affecting product and tech, and human resources teams.
• The layoffs were not companywide and are not expected to significantly impact financials.
• The company aims to simplify and reprioritize resources to achieve business goals while maintaining high travel demand.

Summary

Expedia Group executed targeted layoffs impacting the product and tech, and human resources teams. These layoffs are not expected to significantly affect the company's financials. The company stated that the move is part of an effort to simplify and reprioritize resources to meet business goals amidst high travel demand.