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Booking.com looking to lay off 25% of its 17,000 staff worldwide

Travel site Booking.com is looking to lay off up to 25% of all its workers.

The online agency has been hit hard by the coronavirus pandemic.

The company employs more than 17,000 people – 5,500 of them at its Amsterdam HQ.

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Details of the job losses in which departments and countries will be made clearer in a few weeks, said the company.

Chief Executive Glenn Fogel sent a 15 minutes video to all staff.

He told them:

“In my heart, I hoped this wouldn’t happen.

“However, nothing can mitigate the impact this crisis has had and will continue to have for both the travel industry and our business.”

A global shutdown of the travel industry has seen bookings on the site drop by 85%.

A Booking.com worker in Manchester said:

“There’s been a lot of talk about what might happen given bookings are falling through the floor.

“So, I guess job losses won’t come as a surprise to many.

“It’s now a waiting game to find out which departments and in which countries the axe will fall.”

 

 

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