CEO Brian Chesky says revenue for Airbnb this year will be less than half of what it was in 2019.
James Martin
Airbnb CEO Brian Chesky sent a note to his staff on Tuesday morning saying he had to “share some very sad news.”
He was letting them know the home rental company had decided to lay off around 25% of its employees, which is roughly 1,900 people out of its 7,500 workforce. It’s one of the largest single layoffs by a Silicon Valley company since the novel coronavirus pandemic sent the world reeling.
“When you’ve asked me about layoffs, I’ve said that nothing is off the table,” Chesky wrote to his employees. “This is incredibly…
Source CNET Tech
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