Below is a recap of the layoffs from this past week. Check out the Layoffs.fyi Tracker for a complete list of all tech layoffs during the pandemic.
🏢 Booking.com ∙ 🌎 Amsterdam ∙ 👩 4,375 employees (25%) ∙ 🔗Source
- Hotel reservations website Booking.com will be laying off 25% of its global workforce (approx. 4,375 employees). The company said that it needs to downsize to “match our expectation of the future of travel.” In accordance with local regulations, Booking.com expects to inform affected employees starting in September and lasting through the end of the year. Its sister companies Kayak, OpenTable, and Agoda (all owned by the same holding company) already conducted layoffs earlier in the year.
🏢 Buy.com ∙ 🌎 San Francisco Bay Area ∙ 👩 87 employees (100%) ∙ 🔗Source
- Buy.com, a U.S. e-commerce site acquired by Rakuten, will be shutting down over the next two months. All 87 employees will be laid off.
In case you missed it, check out our standalone posts about layoffs from these companies: