Booking.com could cut jobs as part of reorganization plan
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The company, a unit of Booking Holdings, said in an emailed statement that it was in the early stages of the review process and no firm decision had been made.
«This is a difficult but necessary proactive step to make sure Booking.com remains agile in a very competitive industry and keeps driving customer-centered innovation at pace,» it said in the statement.
As of the end of 2023, Booking Holdings employed about 23,600 people, according to its annual report, which did not provide figures for Booking.com.
Booking Holdings, in a filing with the U.S. Securities and Exchange Commission on Friday, said it expected to provide more details on timing, likely impact on employees and financials from the reorganization «in due course».
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