The company announced a major restructuring plan that would result in layoffs for about 3% of its employees worldwide
May 6, 2025
Expedia Group has announced a significant restructuring plan that includes laying off approximately 3% of its global workforce – around 500 employees. This strategic move, focused mainly on its finance, IT, and product teams, is aimed at streamlining operations and setting the stage for long-term, sustainable growth. Despite strong financial performance, the company is adjusting its workforce to align better with future priorities and technological advancements, particularly in light of evolving industry dynamics.
Key takeaways
- Strategic layoffs: About 500 jobs (3% of the workforce) will be cut, mostly in finance, IT, and product divisions, to enhance agility and align with long-term goals.
- Not performance-driven: The layoffs are not a response to poor results – Expedia posted strong Q4 2024 revenue ($3.18B, +10% YoY) and a 30% increase in adjusted net income.
- Focus on efficiency and innovation: The restructuring aims to eliminate redundancies, optimize resources, and accelerate innovation in a competitive travel-tech market.
- Positive outlook: CEO Ariane Gorin reaffirmed confidence in the company’s future, citing resumed dividends and the restructuring as proactive steps toward sustainable growth.
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