Citing revenue declines, Airbnb cuts 1,900 jobs, or around 25% of its global workforce

Citing revenue declines, Airbnb cuts 1,900 jobs, or around 25% of its global workforce
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Citing revenue declines, Airbnb cuts 1,900 jobs, or around 25% of its global workforce

This afternoon Airbnb, a well-known private company that connects travelers with places to stay, announced that it was laying off around a quarter of its workforce. The company cited revenue declines and a need to curtail costs in a memo that TechCrunch viewed. In the note, written by Airbnb CEO an….
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