Facing a steep drop in revenue, Airbnb laid off nearly 25 percent of its workforce on Tuesday. In a memo to staff, CEO Brian Chesky described coronavirus as “the most harrowing crisis of our time” and said the short-term rental company laid off 1,900 employees out of around 7,500. Coming on the heels of a $2 billion financial lifeline, the cuts reflect the bleak outlook for hospitality companies as travelers stay home. Chesky said Airbnb
source https://therealdeal.com/2020/05/05/facing-revenue-shortfall-airbnb-lays-off-2000-workers/
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