travel

Airbnb laying off 1,900 employees due to travel decline

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[ad_1] Airbnb is laying off 25% of its workforce as it confronts a steep decline in global travel due to the new coronavirus. In a letter to employees, chief executive Brian Chesky said the company is letting 1,900 of its 7,500 workers go and cutting businesses that do not directly support home-sharing, such as its … Read more

Ryanair believes the price war will fuel the rapid recovery in travel

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[ad_1] Ryanair is gearing up for an airline price war that it hopes to win once coronavirus restrictions are lifted and passengers return en masse to tourist destinations, chief executive Michael O’Leary told Reuters. Ignoring expectations of a slow recovery, Michael O’Leary has forecast a rapid rebound in traffic. He said the pain would come … Read more