May 2020 \ Business & Investment \ Business and Governance
TripAdvisor to lay off 900 employees due to COVID-19 impact

TripAdvisor has announced that it will trim ...

  • Mr Steve Kaufer

TripAdvisor has announced that it will trim its workforce by about 900 employees, which is approximately one-quarter of the total number of people the online travel company employs, due to the effects of COVID-19.

Majority of these 900 roles that the company is eliminating – about 600 – are based in the US and Canada, said TripAdvisor which is headquartered in Needham, Massachusetts. In addition, TripAdvisor will also be asking for the majority of its salaried employees to move to a 4-day work week and take a corresponding 20 per cent reduction in base salary, for three months starting in June, the company’s CEO and Co-founder, Steve Kaufer, said in a message to employees on Tuesday.

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