Travel giant Expedia to cut 3,000 jobs worldwide

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WASHINGTON: Online travel giant Expedia will cut 3,000 jobs worldwide after what the company called a 'disappointing' performance in 2019, US ...

WASHINGTON: Online travel giant Expedia will cut 3,000 jobs worldwide after what the company called a"disappointing" performance in 2019, US media reported Monday .

In a statement to The Seattle Times, Expedia chairman Barry Diller said: "I am confident that simplifying our business and clarifying our focus by making these difficult changes, our teams can get back to working on the projects and priorities that make the most sense for us, our customers and our partners."

Over the course of 2019, sales increased by 8 per cent, net income by 4 per cent and earnings per share by 6 per cent.

 

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