Technology

Agoda to lay off a quarter of its staff

Booking Holdings subsidiary Agoda is laying off 1,500 of its workers in Asia.

According to chief executive John Brown, the layoffs are the first and final cuts that will be made at the company as a result of the COVID-19 pandemic.

In an email to employees, obtained by Skift, Brown said: “Before getting to this decision, we took aggressive measures and every opportunity to reduce costs across the business.

“Staff reductions will always be the last resort, but we have had to make this very difficult decision.”

He said that while Agoda was seeing signs of recovery in its core markets in the Asia Pacific, the impacts of the coronavirus pandemic on travel is “deeper” and will be more prolonged that envisaged.

“Today, we announce the need to make even greater savings in order to ensure that Agoda can weather this crisis and prepare for the long term,” he said.

“We need to resize and reshape teams to adapt to what travel will look like in the future, and this means that we have taken the very difficult decision to reduce our existing team by 1,500 employees.”

According to Skift, the retrenchment represents about 25 per cent of Agoda’s total workforce.

In addition to the cuts, all senior leadership team members will reportedly take a temporary salary reduction of 20 per cent from 1 June.

Brown previously announced he would not take a salary for the remainder of 2020.

It comes as the latest of Booking Holdings’ companies to lay off workers, after Kayak and OpenTable announced they would lay off, furlough or hand out reduced hours to at least 400 of their employees.

SEE WHAT PEOPLE ARE SAYING

Leave a Reply

Technology

OPINION: The time is now for companies to review their T&E technology

by Nadia Yahiaoui

This blogger argues that there’s never been a better time for organisations to get their T&E in order. And no, they’re not talking about tea and Equal tablets.

Share

CommentComments

Aviation

Qantas CEO says vaccines could restart international travel before “bubbles” eventuate

To be fair, Aussies were expecting to be able to travel to New Zealand by now, but the closest we can get is watching Flight of the Conchords while sipping a pinot noir from the Marlborough region.

Share

CommentComments

Tourism

New research shows how Aussies’ travel behaviours have changed since COVID-19

Unsurprisingly, the global pandemic has drastically changed the way Aussies get out and about. Here’s some handy research to quantify it for you.

Share

CommentComments

Cruise

Celebrity Cruises clarifies rumours around Pullmantur revival

The Spanish cruise brand, which filed for insolvency earlier this year, looks like it is in the process of a revival, but Celebrity Cruises wants to clear up one detail.

Share

CommentComments

Hotels

Fears of Bali booze ban quashed by local hotels association

Tell your clients not to throw out their Bintang singlets just yet, as it looks like they’ll still be able to enjoy a frosty one in Bali after all. Well, at least once the COVID-19 pandemic has settled down a bit.

Share

CommentComments

Aviation

Air NZ and Tourism NZ search for eighth Wonder of the World in fun new safety video

The Travel Weekly team can guarantee that Air New Zealand’s latest safety video is a lot better than that cringeworthy rapping effort with Julian Dennison.

Share

CommentComments

Wholesalers

Ormina Tours releases 2022 program with free cancellation offer

Writing this story made Travel Weekly’s editor thirsty for a wine or few, so much so that he’s decided to work the rest of the day from the pub.

Share

CommentComments

Destinations

Giant snorkeller invades Sydney Harbour as part of Tourism Tropical North Queensland’s latest campaign

Don’t worry, giants aren’t invading the city! It’s just TTNQ’s latest bid to inspire Sydneysiders to get their butts up to Cairns and the Great Barrier Reef.

Share

CommentComments

Aviation

Steaks on a plane: TikTok prankster appears to cook steak on aircraft toilet

How does one cook a steak using an airline toilet? Well, you’re just going to have to click on the article and find out, aren’t you?

Share

CommentComments

Aviation

Joyce “optimistic” about recovery as Qantas renews trade partnerships

The national carrier revealed it has signed off on new multi-year agreements with 10 of the top 12 agencies, so if your boss was raging this morning, assume you work for one of the two that missed out.

Share

CommentComments

Tourism

Australia responds to the UK’s emergency approval of Pfizer vaccine

While the UK might be getting the jab as early as next week, the Australian government is holding fast to its original roll-out schedule.

Share

CommentComments

Destinations

Thailand to stay closed until at least March next year

The country’s Tourism Minister has thrown aside any hope for a comeback during the 2020-2021 peak season. Not that Aussie travellers are under the illusion of travelling overseas during the summer anyway.

Share

CommentComments