Booking.com Parent Eyes Job Cuts Amid Larger Reorg Plan

Booking.com is conducting a companywide review that could lead to job cuts.The online travel agency’s parent said in a Friday (Nov. 8) regulatory filing that this review would include “an expected workforce reduction,” as well as cost reductions like looking for real estate savings and optimizing procurement.“We believe these efforts will improve operating expense efficiency, increase organizational agility, free up resources that can be reinvested into further improving our offering to both travelers and p ...