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Key Points
- Expedia Group is restructuring its product, technology, and finance teams, leading to a layoff of about 3% of its workforce, mainly mid-level staff.
- This move follows earlier marketing team cuts and aims to eliminate role duplication, increase efficiency, and position the company for long-term growth.
- Unlike the more extensive 2020 reorganization, the current changes do not include leadership departures, and core brands like Hotels.com and Vrbo have shown bookings growth.
Summary
Expedia Group is undergoing a restructuring of its product, technology, and finance teams, resulting in layoffs for approximately 3% of its workforce, primarily among mid-level employees. This follows earlier marketing team reductions as part of broader efforts to boost efficiency, eliminate duplicative roles, and support long-term growth. Unlike the larger 2020 reorganization, there are no leadership changes this time, and Expedia’s core brands have recently reported bookings and revenue growth despite ongoing challenges.
