Airbnb laid off 1,900 employees

🌎 SF Bay Area ∙ 👩 1,900 employees (25%) ∙ 🖥 All departments

Airbnb, the home sharing startup, laid off 1,900 employees (25%) on Tuesday. In conjunction with the layoff, the company is pausing initiatives like Transportation and Airbnb Studios, and scaling back Hotels and Lux.

Laid-off U.S. employees will receive a very generous severance package of at least 14 weeks of base pay and 12 months of health insurance. The company also said that “we’re allowing everyone leaving to keep their Apple laptops” — which either means that PC owners aren’t eligible, or that no Airbnb employees use a Windows machine?

UPDATE: Added link to a second opt-in list of employees laid off

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.