Citing revenue declines, Airbnb cuts 25% of workforce

Re:Citing revenue declines, Airbnb cuts 25% of workforce by saiya-jin on Tuesday May 05, 2020 @04:12PM (#23084422)

How come you can't cancel? Did you book at place with strict cancellation policy or is there something else?

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Re:Citing revenue declines, Airbnb cuts 25% of workforce by elhudy on Tuesday May 05, 2020 @04:13PM (#23084438)

Yes, strict cancellation policy. For those following the drama, they keep extending their extenuating circumstances policy out but it doesn't cover most of the summer yet. Apparently the circumstances are only extenuating for the immediate future.

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Re:Citing revenue declines, Airbnb cuts 25% of workforce by sjg007 on Tuesday May 05, 2020 @06:03PM (#23085621)

I wouldn't worry, it will extend out.. we aren't going to be out of this mess for 12-18 months.... the US especially.

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Re:Citing revenue declines, Airbnb cuts 25% of workforce by elhudy on Tuesday May 05, 2020 @07:52PM (#23086472)

Well here's to hoping that we ARE out of this mess even if it costs me my airbnb deposit.

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Re:Citing revenue declines, Airbnb cuts 25% of workforce by sjg007 on Tuesday May 05, 2020 @08:15PM (#23086602)

That's unlikely at this point. Enough people ignored social distancing and still are not wearing masks that the powder keg is about to explode. There also will be a second wave.

The social distancing thing is subtle, it only takes a few outside of the bubble interactions to break the whole thing. Given the 2+ week lag we are still seeing the initial wave propagate and has not yet peaked.

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