Investing
Airbnb cuts recruiting staff headcount
© Reuters. FILE PHOTO: FILE PHOTO: The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. REUTERS/Charles Platiau/File Photo/File Photo
(Corrects headline and first paragraph to remove reference to 30% headcount reduction)
(Reuters) -Home rental firm Airbnb Inc laid off some of its recruiting staff this week, a company spokesperson said on Friday, noting that it’s not an indication of more widespread layoffs.
The decision, first reported by Bloomberg News, affected less than 0.4% of the San Francisco-based company’s total workforce of about 6,800, the spokesperson said.
“We’ve become a leaner and more focused company over the last three years,” Airbnb spokesperson said in a statement, adding that the company expects to grow its headcount this year.
The company said in February it expects headcount growth in the range of 2% to 4% in 2023, compared with 11% growth last year.
In 2020, amid the COVID-19 pandemic, Airbnb laid off 25% of its workforce, or nearly 1,900 employees, after its business was hit hard as global travel came to a standstill.
Read the full article here
How They Grew $200k to $3M Side Hustles After Being Laid Off
The 5 Fears Every Entrepreneur Must Face — and Overcome
Why Workers Are Leaving High-Cost States — and What It Means for Employers
Why Startup Founders Need to Look Beyond Traditional Funding
Mexico’s central bank considers rate cut amidst U.S. trade uncertainty By Investing.com
How Charlotte’s Rally Pickleball Got Its Start
5 Surprising Ways Trump’s Trade Agenda Could Affect What You Pay at Checkout
Quantum stock soars on new file system client By Investing.com
Kickstart Your Year With These Entrepreneurial Health Checkups
Expand Your Global Reach with Access to More Than 150 Languages for Life
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Side Hustles7 days agoHow Charlotte’s Rally Pickleball Got Its Start
-
Make Money7 days ago5 Surprising Ways Trump’s Trade Agenda Could Affect What You Pay at Checkout
-
Investing7 days agoQuantum stock soars on new file system client By Investing.com
-
Side Hustles5 days agoKickstart Your Year With These Entrepreneurial Health Checkups
-
Side Hustles4 days agoExpand Your Global Reach with Access to More Than 150 Languages for Life
-
Side Hustles3 days agoKFC Announces Saucy, a Chicken Tenders-Focused Spinoff
-
Investing3 days agoPalantir, Anduril join forces with tech groups to bid for Pentagon contracts, FT reports By Reuters
-
Side Hustles4 days agoThis AI is the Key to Unlocking Explosive Sales Growth in 2025