(Airbnb CEO Brian Chesky) announced a 25% cut. Figure Source :7 NEWS)
Affected by the epidemic, the number of people traveling around the world dropped sharply, Airbnb preparing to lay off 25%.
Chesky (Brian Chesky), chief executive, said in a letter to employees that the company would fire 1,900 of its 7500 employees and cut back on investments that could not directly support residential businesses such as hotels and film production.
"We are going through the most painful crises of our lives together ," Chesky wrote. "
He said Airbnb expects revenue to fall by more than half this year.
At least 14 weeks of basic salary. will continue to be available to u.s U.S. for a year; in other countries, employees will be covered by the end of the year, Mr. Chesky said.
Thesky added that travel will eventually recover, but it will be different from the past.
For example, Airbnb hope that travelers will want to choose options that are closer to home and more affordable.
As a result, the company is scaling back investment in luxury properties.
Airbnb also recently announced a new health regulation requiring landlords to comply with the agreement to make travelers feel safer.
