There have been a ton of layoffs in various areas of the short-term rental industry over the last year. Facing headwinds, companies are trimming costs and trying to position themselves to new market conditions.
Now that Expedia Group completed its move of Hotels.com and Vrbo onto the Expedia.com tech platform, it saw the opportunity to make further workforce cuts.
A lot of behind-the-scenes work has taken place at Expedia Group under CEO Peter Kern over the past four years. Were the moves successful? That will depend on CEO-in-waiting Ariane Gorin.