Expedia to cut about 1,500 jobs, with $80 million to $100 million in restructuring charges
Expedia Group committed to restructuring actions on February 22, 2024, to recalibrate resources amid an organizational and technological transformation. The company expects a workforce reduction affecting about 1,500 employees, with notifications to some affected staff beginning February 26, 2024. Total pre-tax charges and cash costs of $80 million to $100 million are expected to be recorded in 2024, mostly for employee severance and compensation benefits.
Key points
- About 1,500 employees expected to be affected by the workforce reduction
- Total pre-tax charges and cash expenditures expected at $80 million to $100 million, all in 2024
- Costs are predominantly employee severance and compensation benefits
- Communication to a portion of affected employees began February 26, 2024
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 26, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.