



Recruiting News Network
Recruiting
News
OperationsThe Recruiting Worx PodcastMoney + InvestmentsCareer AdviceWorld
Tech
DEI
People
People on the Move
The Leaders
The Makers
People
People on the Move
The Leaders
The Makers
Brand +
Marketing
Events
Labor +
Economics
SUBSCRIBE





Operations

Airbnb Cuts Recruiting Staff Due to Slowed Growth

March 8, 2023

Operations

Airbnb Cuts Recruiting Staff Due to Slowed Growth

March 8, 2023

Photo by Oberon Copeland @veryinformed.com on Unsplash

Expecting slower growth in 2023, Airbnb Inc. has announced that it will cut recruiting roles across its workforce. The company said Friday that it had cut about 30% of its staff, but a representative confirmed to Reuters that restructuring does not mean more layoffs to come.

The announcement follows an Airbnb warning to investors that it would need to protect its cost structure following its first-ever annual profit in 2022, which was attributed to declining average daily rates. While the company remains profitable, it is taking proactive steps to ensure sustainable growth.

This move to reduce recruiting roles follows significant workforce reductions in 2020, when Airbnb laid off nearly 1,900 employees, representing 25% of its workforce, due to the COVID-19 pandemic. The pandemic's impact on global travel has had an enduring effect on Airbnb's business and hiring practices. Reuters quoted an Airbnb spokesperson who said the company has "become a leaner and more focused company over the last three years."

The Wall Street Journal reports that Airbnb is projecting a much smaller headcount growth range of 2% to 4% in 2023. If the projection is accurate, it would be a significant decrease from the 11% headcount growth experienced in the previous year. However, the company reportedly remains optimistic about its future and is focused on delivering great travel experiences to guests and hosts worldwide.

Read the full report here

A spokesperson said the company had become "a leaner and more focused company over the last three years."

What we're reading

‘We’re all fighting the giant’: Gig workers around the world are finally organizing

by
Peter Guest
-
rest of world

Gig workers are connecting across borders to challenge platforms’ power and policies

Got Zoom fatigue? Out-of-sync brainwaves could be another reason videoconferencing is such a drag

by
Dr. Julie Boland
-
The Conversation

I was curious about why conversation felt more laborious and awkward over Zoom and other video-conferencing software.

How to Purchase an Applicant Tracking System

by
Dave Zielinski
-
SHRM

Experts say the first step in seeking a new ATS should be to evaluate your existing recruiting processes.

View All Articles

Events
No items found.
View All Events
Related Articles

The power of partnership: How CEOs and HR leaders can lead transformation together

May 5, 2025

17% of employees who use AI at work do so to avoid co-worker judgment: But workplace connection ‘is a key to finding happiness’

April 28, 2025

© 2024 recruiting news network.
all rights reserved.



Categories
Technology
Money
People
TA Ops
Events
Editorial
World
Career Advice
Resources
Diversity & Inclusion
TA Tech Marketplace
Information
AboutContactMedia KitPrivacy Policy
Subscribe to newsletter
