From Yahoo Finance: 2025-04-28 11:30:00

Expedia Group is restructuring, leading to a 3% layoff of its workforce, mainly affecting product and technology teams. No leadership changes are expected, with the company focusing on strategic priorities. The goal is to position the company for long-term growth by hiring and cutting jobs efficiently. The economic impact remains unknown, and Q1 results are expected on May 8.

Despite previous challenges, Expedia Group’s core brands Hotels.com and Vrbo showed booking growth in Q4 2024. The restructuring under CEO Ariane Gorin aims to reduce duplication and accelerate growth, different from the 2020 reorganization under former CEO Peter Kern. Expedia Group’s revenue grew 7% in 2024, with a focus on sustained success.



Read more at Yahoo Finance: Expedia Restructures Product and Tech Teams, Will Lay Off 3% of Workforce