Booking.com looking to cut workforce by 10% in next phase of reorganization
Holiday rental platform Booking.com plans to reduce its workforce by over 10 percent in the next phase of the reorganization the company announced in November, sources told Het Financieele Dagblad. The impact on Dutch workers is still unclear. The FD’s sources also added that the number of job cuts was still a “moving target.”
The reorganization concerns only Booking.com, the online travel subsidiary of the American group. The company employs 9,600 people, including 7,000 in Amsterdam, where Booking.com is headquartered.
During the first phase of the reorganization, layoffs happened at the management level. Of the 350 managers at the Amsterdam branch, almost 50 lost their jobs. That is around 13 percent.
The second phase will impact the rest of the employees. If the percentage of laid-off managers is applied to the rest of the employees in Amsterdam, around 900 people will lose their jobs.
A spokesperson for Booking Holdings would not confirm these figures on Wednesday.
