Industry Update
External Article15 September 2020

Booking.com to close at least five of its global offices

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shorttermrentalz.com

Online travel agency Booking.com is closing at least five of its offices around the world, in Bellevue, Washington [US], London and Cambridge [England], Toronto [Canada], and Split [Croatia].

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The company announced the redundancies and economic cutbacks on a live call with more than 800 employees on Thursday [10 September]. The layoffs are effective with immediate effect.

It comes just a month after Booking.com, which is a subsidiary and flagship company of Booking Holdings, announced it would make up to 25 per cent of its global workforce redundant [around 4,000 employees] due to the impact of the Covid-19 pandemic. In the last financial quarter, the brand reported a 91 per cent drop in gross travel bookings.

Booking Holdings also owns brands such as Kayak, Priceline, and OpenTable, employing more than 17,000 people across its offices around the world.

According to a Worker Adjustment and Retraining Notification sent by the Washington Employment Security Department, 235 employees are being let go by Booking.com at its Bellevue office.

Read the full article at shorttermrentalz.com

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