Online travel agency Booking.com is closing at least five of its offices around the world, in Bellevue, Washington [US], London and Cambridge [England], Toronto [Canada], and Split [Croatia].
The company announced the redundancies and economic cutbacks on a live call with more than 800 employees on Thursday [10 September]. The layoffs are effective with immediate effect.
It comes just a month after Booking.com, which is a subsidiary and flagship company of Booking Holdings, announced it would make up to 25 per cent of its global workforce redundant [around 4,000 employees] due to the impact of the Covid-19 pandemic. In the last financial quarter, the brand reported a 91 per cent drop in gross travel bookings.
