Booking.com job cuts looming due to reorganization; Impact in the Netherlands unknown

Booking Holdings, the U.S. parent company of Booking.com, wants to reduce its workforce. This was announced in a notification to the U.S. Securities and Exchange Commission (SEC).

It is not yet known how many jobs will be cut at the hotel booking site, which is headquartered in Amsterdam, or whether this will also be the case there.

Booking Holdings employed around 23,600 people at the end of last year. Around 6,000 of these employees work at Booking.com in Amsterdam.

“We will consult with works councils, employee representatives, and other relevant organizations and expect to provide further clarity on these organizational changes in due course, including with respect to the timing, expected impact on employees, financial impact, and other aspects of the planned changes,” reads the announcement, which was filed after the close of trading in New York on Friday.

In addition to the job cuts, Booking Holdings also plans to “modernize processes and systems,” make savings on real estate, and “optimize” procurement processes. All the measures together should lead to “further improving our offering for both travelers and partners,” according to the U.S. company.

According to Reuters, a spokesperson for the company said that the reorganization plans would only focus on Booking.com and not its other brands, such as OpenTable, Agoda, Priceline, and Kayak.