News for hackers. Stuff that matters.
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?
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.