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Airbnb lays off 1,900 employees as coronavirus cripples its business
The coronavirus pandemic has landed a crushing blow on Airbnb. In a memo to employees, co-founder and CEO Brian Chesky revealed the company is parting ways with a quarter of its workforce — or roughly 1,900 employees. “Today, I must confirm that we are reducing the size of the Airbnb workforce,” Chesky wrote. “Out of our 7,500 Airbnb employees, nearly 1,900 teammates will have to leave Airbnb, comprising around 25% of our company. Since we cannot afford to do everything that ...