Expedia to Cut 1,500 Jobs by 2024, About 8% of Workforce, As Part of Restructuring Plan
• Expedia Group plans to cut about 1,500 jobs in 2024, roughly 8% of its workforce • Restructuring effort aims to prioritize important work and invest in growth areas • Expected to result in $80-100 million in pre-tax charges for severance and benefits • Comes after Expedia completed many technical milestones in its transformation • Expedia had about 17,100 employees globally at the end of 2023