The corona crisis is particularly hard on the travel industry. This is also noticed by a booking portal: booking.com. The travel website wants to cut one in four jobs – thousands of jobs are at risk.
The “booking.com” reservation portal is cutting thousands of jobs around the world. The Amsterdam-based company said on Tuesday that up to 25% of the total 17,500 employees are likely to leave. This would represent approximately 4,400 jobs.
“The coronavirus has devastated the tourism industry and we are feeling the consequences,” booking.com said in support of reason. Travel volume is still low.
The company was initially unwilling to name the exact number of positions to be cut, details would be clarified in the coming weeks and months. Booking.com has “done a lot to save as many jobs as possible,” the portal said. But now “we have to restructure our organization to meet our expectations for the future of travel”.
Competitors like Airbnb and TripAdvisor have already cut about a quarter of their jobs. Booking.com requested government aid in April and received around € 61 million from the Dutch state in May.