Hospitality startup Sonder slashes workforce

With travel at a standstill, venture-backed hospitality company Sonder has cut one-third of its staff. The San Francisco-based company has laid off or furloughed 400 people, The Information reported. With residents of major U.S. cities sheltering in place, bookings are down 20 percent at the company’s 5,000 apartments across the U.S. The layoffs hit multiple departments, including engineering. “If we pull these levers simultaneously, we have a chance,” CEO Francis Davidson said. “There isn’t a

source https://therealdeal.com/2020/03/24/hospitality-startup-sonder-slashes-workforce/