Search results for “pay cut”
Tripadvisor lays off 25% of global workforce, closes some offices
04/29/2020|2:12:38 PM|
More than 900 employees will be laid off and business units been reorganized.
Disney theme parks face USD 21 billion loss through 2022, analysts warn
05/11/2020|7:14:04 PM|
To put that mind-boggling loss into perspective, that’s enough to pay for Shanghai Disneyland four times over.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020|11:02:25 PM|
An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
TravelSky has signed a long term development contract with Aeronology
05/06/2020|5:04:17 PM|
Travel agents who have no direct access to TravelSky can use Aeronology’s connection to TravelSky to book all Chinese airlines into and out of China.
Klook lets go of hundreds as travel lockdown hits business
04/21/2020|2:58:51 PM|
The news will likely accelerate speculation of a merger with GetYourGuide, a leading OTA in Europe that also has Softbank as an investor.
Amadeus plans for €300M cost-cutting program as coronavirus slams aviation
03/30/2020|1:09:49 PM|
The company is also canceling a dividend payment of €320 million that had been scheduled for the general shareholders’ meeting in June.
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020|4:49:38 PM|
China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
Airbnb halts marketing spend in $800M savings plan
03/31/2020|7:32:42 PM|
Airbnb will pay hosts $250 million to partially cover the cost of coronavirus cancellations.
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