Airbnb slashes workforce as pandemic ravages travel industry

Home-sharing platform Airbnb says it will slash a fourth of its workforce — some 1,900 people — as the coronavirus pandemic crushes the travel industry.

The cuts are needed for the San Francisco-based company to survive until people start traveling anew, Airbnb co-founder and chief executive Brian Chesky says in a blog post.

“We are collectively living through the most harrowing crisis of our lifetime, and as it began to unfold, global travel came to a standstill,” Chesky says.

AFP

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