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Expedia Follows Exec Shakeup With Job Cuts

Expedia is planning to lay off twelve% of its global workforce, citing its disappointing 2019 business enterprise performance and an “unhealthy and undisciplined” advancement tactic.

The announcement of the layoffs on Monday came significantly less than 3 months soon after a management shakeup at the on line vacation big in which Chairman Barry Diller took management of day-to-day functions and CEO Mark Okerstrom and CFO Alan Pickerill stepped down. (Eric Hart, the company’s main tactic officer, is serving as performing finance main.)

“A big cause for our management adjust was the deep perception from Barry, [Vice Chairman Peter Kern] and

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