Expedia restructures teams amid strategic refocus

Layoffs affect 3% of workforce as company aims to streamline operations and drive long-term growth

Expedia Group is restructuring its product, technology, and finance teams, resulting in layoffs of about 3% of its workforce, primarily affecting mid-level employees in product and technology. The move is part of a broader effort to streamline operations and focus on strategic growth, with some hiring planned to fill key roles.

Key takeaways

• About 3% of Expedia's workforce will be laid off, mainly from product and technology teams.
• No leadership changes are planned; mostly mid-level roles are affected.
• The restructuring aims to improve efficiency, eliminate duplication, and sharpen strategic focus.
• Expedia plans to hire selectively to support long-term growth.
• Unlike the 2020 restructuring, this move is smaller and more targeted.
• Expedia Group saw 7% revenue growth in 2024 and expects further performance updates on May 8.
• Core brands like Hotels.com and Vrbo showed bookings growth recently, suggesting some business resilience.

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