Re:Citing revenue declines, Airbnb cuts 25% of workforce
by sytelus on Wednesday May 06, 2020 @01:32AM
(#23088145)
Isn't there much better way? Many big cities are projected to start opening up in June. I would expect life coming back to normal around August end. So that's basically 4 months. Why not just keep paying instead of doing severance and lose all these well-trained talent? If you are doubtful if 4 months will be enough, you can still offer option of continued employment at 50% or 75% pay? I feel move like this tarnishes stability aspect of companies. Does anyone now want to sell their houses and move to where AirBnB is so they have their job in future?
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Re:Citing revenue declines, Airbnb cuts 25% of workforce
by coopsmgoops on Wednesday May 06, 2020 @02:04AM
(#23088279)
I guess they expect a recession even afterwards, so that means reduced travel for potentially years.