In another indication of the havoc Covid-19 is wreaking on the travel industry, online travel company Booking.com said Tuesday it will reduce its global workforce by up to about 25%, the latest signal that all segments of the industry, from airlines to accommodations, are suffering as consumers remain home-bound.... [+]regulatory filing
Booking.com, part of Booking Holdings Inc. of Norwalk, Connecticut, and a corporate cousin to Priceline.com, boasts 29.7 million listings, including homes and apartments, in 225 countries and territories.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
That's a huge percentage of jobs that are being loss. Do you think the travel industry can come back from this?