Online hospitality major Airbnb lays off 30% of recruiting staff

Online hospitality main Airbnb has laid off 30% of its recruiting workers, reported news company Bloomberg. The cuts have an effect on 0.4% of the corporate’s whole workforce of 6,800, because it plans to extend headcount this yr.

“We’ve become a leaner and more focused company over the last three years. The company expects to grow its headcount this year,” an Airbnb spokesperson informed Bloomberg.

Amid the pandemic, Airbnb had laid off 25% of its workforce, or about 1,900 workers.

During the corporate’s quarterly earnings name final month, chief monetary officer Dave Stephenson stated it will rent extra individuals.

“We’re going to continue to grow, but we’re going to grow modestly,” Stephenson, including he expects headcount development of 2-4% this yr in opposition to a 11% headcount development in 2022.

Airbnb reported 24% in its income for the fourth quarter that ended December 31. It reported $319 million in internet earnings for the quarter, up from $55 million a yr earlier.

In its shareholder letter, Airbnb stated it is seeing continued sturdy demand at first of 2023. The firm stated it expects to “continue hiring at a judicious pace in 2023.”

Airbnb was “particularly encouraged” by market share good points in Latin America and continued restoration inside Asia Pacific.

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