Vacasa Layoffs
May 2024
Vacasa announced a layoff affecting 800 employees (13% of its workforce) in May 2024. The company operates in the Travel sector.
800
13%
May 9, 2024
About
Vacasa, a property management company in the travel industry, laid off 800 employees, representing 13% of its total workforce, as part of a restructuring effort announced in late May 2024. This marks the fourth round of layoffs since CEO Rob Greyber took over in September 2022. The cuts disproportionately affected corporate and central operations, reducing those teams by 40%, while field staff saw a 6% reduction. The company aims to reorganize its operations to empower local teams to manage their markets more independently, significantly shrinking its central corporate footprint to improve efficiency and accountability.
Source
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