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HomeCompaniesCulture Trip

Culture Trip

🇬🇧 United KingdomMedia
Total Affected

95

Total Events

1

Layoff History

5/1/2020GB

95

affected

Culture Trip, a travel media startup, plans to lay off nearly half of its UK workforce, proposing 95 redundancies out of approximately 240 employees in the UK, following similar cuts in its New York office. The layoffs, announced in early May 2020, are a direct response to the COVID-19 pandemic severely impacting the travel industry. The company, which had raised over $100 million in funding, stated the cuts were necessary to manage costs and protect the business long-term. Employees expressed frustration over the handling of the layoffs, with the content team in London being particularly hard-hit, set to lose 64 out of 85 staff members.

32%
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