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Airbnb layoffs: Online hospitality major sacks 30% of its recruiting staff

Shortpedia

Content Team
Image Credit: finance.yahoo

Online hospitality major Airbnb has laid off 30 per cent of its recruiting staff, the media reported. The cuts affected 0.4 per cent of the company's total workforce of 6,800, as it plans to increase headcount this year. Bloomberg News first reported about the layoffs at Airbnb. Airbnb reported 24 per cent growth in its revenue for the fourth quarter that ended December 31.