Airbnb, home rental firm lays off 30 per cent of its recruiting staff, says Report
Airbnb Layoffs: During the covid19 pandemic, Airbnb laid off 25 per cent of its workforce or about 1,900 employees.
New Delhi: In a new report by Bloomberg, the Home rental firm Airbnb has laid off 30 per cent of its recruiting staff this week.
According to the reports, these job cuts affected 0.4 per cent of the company’s total workforce of 6,800.
The spokesperson of the organisation said that this tough decision was taken to re-organize and reduce the size of the company’s recruiting team to reflect our hiring projections.”
The home rental firm further said that the layoffs are not an indication of more widespread layoffs. The organization said last year, the company predicted staff growth in the range of 2 per cent to 4 per cent in 2023.
Meanwhile, Airbnb is also planning to expand its overall headcount this year.
Airbnb is one of the few IT companies that avoided major layoffs.
In February 2023, the company reported its first annual profit. Airbnb said that it made a profit of $319 million in the final quarter of last year on revenue of nearly $2 billion.
According to the San Francisco-based corporation, Airbnb ended 2022 with a net income of $1.9 billion as opposed to a deficit of $352 million the previous year.
During the covid19 pandemic, Airbnb laid off 25 per cent of its workforce or about 1,900 employees.
The CEO of the company, Brian Chesky said in a blog post at the time that “global travel came to a standstill” as the Covid-19-induced crisis unfolded.
we are proud to be No. 3 on @FastCompany’s list of the World’s 50 Most Innovative Companies of 2023 for redesigning our platform for the new era of travel. https://t.co/kmTooegkog
— Airbnb (@Airbnb) March 2, 2023