Friday, 24 March, 2023
Airbnb Lays off 30% of Recruiting Staff Despite Surge in Profits

<p>Airbnb has reportedly laid off 30% of its recruiting employees, despite experiencing a surge in profits in the last year. The company has cited the ongoing pandemic as the reason for the layoffs, which have affected about 100 people. However, reports suggest that the move may be part of Airbnb's efforts to cut costs and streamline its operations. Airbnb's profits surged to $2.8 billion in 2022, up from just $219 million in 2021. The company has not commented on the layoffs.</p>
Read full story at Live Mint
Tags: