Booking.com is laying off a quarter of its workforce — more than 4,000 people — with the global pandemic snuffing out travel. Layoffs will begin next month and run through the end of the year, according to parent company Booking Holdings Inc.Booking Holdings, based in Norwalk, Connecticut, also owns the restaurant reservation company OpenTable and Priceline.com. The number of room reserved at Booking.com during the first quarter of this year tumbled 43%, to 124 million.

Source: International New York Times August 04, 2020 15:45 UTC