Travel giant Booking.com will close Seattle-area office and slash 235 jobs

Online travel website Booking.com is closing its Bellevue, Wash., office. A Worker Adjustment and Retraining Notification from the Washington Employment Security Department filed Thursday said that the layoffs will begin Sept. 12, with 235 workers let go.

Booking.com is owned by Booking Holdings, previously known as The Priceline Group. The company said last month that it would lay off up to 25% of its workforce due to impact on travel caused by the pandemic. It reported a 91% decrease in gross travel bookings for the most recent quarter.

Booking Holdings also owns Kayak, Priceline, and OpenTable, among other sites. The company employs more than 17,000 people total.

We’ve reached out to Booking.com for more details and will update this story when we hear back. Update: Here’s a statement from Booking.com:

The office closure in Bellevue is part of our global restructure announcement made in August, when we indicated that up to 25% of Booking.com’s global workforce is intended to be impacted due to the devastating impact the Covid-19 crisis has had on the travel industry and the Booking.com business. While we have done much to save as many jobs as possible, with travel volumes significantly reduced and unlikely to recover to pre-Covid levels for years to come, we unfortunately, like so many other companies in the travel sector, must restructure our organization to match our expectation of the future of travel and succeed in a new travel environment. We have grown our customer service department to fit a company with much, much higher volumes and these changes are now necessary to adjust in order to sustain the years we believe it will take the travel industry to recover.

Seattle-based travel giant Expedia Group is also suffering financially due to the pandemic. It saw revenue sink 82% year-over-year to $566 million in the second quarter. Expedia laid off 3,000 people in February.

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Source: https://www.geekwire.com/2020/travel-giant-booking-com-close-seattle-area-office-slash-235-jobs/

News – Travel giant Booking.com will close Seattle-area office and slash 235 jobs