TravelUS

Airbnb Layoffs

May 2020

Airbnb announced a layoff affecting 1,900 employees (25% of its workforce) in May 2020. The company operates in the Travel sector.

People Affected

1,900

Percentage

25%

Announced Date

May 5, 2020

About

Airbnb, the home-sharing startup, laid off 1,900 employees, representing 25% of its workforce, on Tuesday. The company is pausing initiatives such as Transportation and Airbnb Studios, while scaling back its Hotels and Lux divisions. Laid-off U.S. employees will receive a generous severance package including at least 14 weeks of base pay and 12 months of health insurance.