Skip to page content

Expedia hints at more layoffs amid 'business transformation'


Expedia Hub in Interbay, Seattle
The job cuts at Expedia would be in addition to two rounds of layoffs earlier this year.
Anthony Bolante | PSBJ

Seattle-based travel company Expedia Group Inc. (Nasdaq: EXPE) hinted at more layoffs, possibly affecting an office in Springfield, Missouri.

Travel news website Skift reported on the layoffs last week.

An Expedia spokesperson said in an emailed statement to the Business Journal on Tuesday that the company is aligning "operations to our business transformation" and that "this may result in the elimination of some roles."

The job cuts would be in addition to two rounds of layoffs earlier this year.

"We remain confident in our strategy and value the contribution of all our employees," the spokesperson said. "Our Springfield (Missouri) office remains open and we are committed to supporting and being part of the local community."

The spokesperson didn't provide specifics on how many employees will be impacted or other details beyond the statement. Skift reported the layoffs would affect 100 employees.

Expedia laid off an undisclosed number of employees in September in addition to laying off fewer than 100 employees in March. The company had 16,500 employees at the end of last year, according to a filing with the Securities and Exchange Commission. Expedia has over 4,800 employees in Washington state, according to Business Journal research.

Expedia's website offers travel search and booking, and its brands also include Vrbo, Hotels.com and Orbitz.

The company laid off 3,500 employees in February 2020. In 2021, it undertook plans to declutter its operations through a rebrand, simplifying the customer experience and developing more-defined business lines. The company now has four departments: Expedia Services, Expedia Brands, Expedia Marketplace and Expedia for Business.

In the second quarter, Expedia generated $3.4 billion in revenue, a 6% year-over-year increase. The company generated $385 million in net income during the second quarter.


Keep Digging



SpotlightMore

Nancy Xiao (left) and Jim Xiao (right) are swapping roles at Seattle-based Mason.
See More
SPOTLIGHT Awards
See More
Image via Getty
See More
Image via Getty Images
See More

Upcoming Events More

Oct
03
TBJ
Oct
17
TBJ

Want to stay ahead of who & what is next? Sent weekly, the Beat is your definitive look at Seattle’s innovation economy, offering news, analysis & more on the people, companies & ideas driving your region forward. Follow the Beat.

Sign Up